Maccabi Haifa Owner Seeks $100 Million Sale
Translated & summarized from N12 by baba
Maccabi Haifa owner Yaakov Shahar is reportedly seeking to sell 100% of the club for approximately $100 million. Investment bank Raine Group has been hired to find a buyer, potentially a consortium of a billionaire and tech entrepreneurs. The tech group includes founders of prominent Israeli tech companies like Verbit and Argus. This potential sale could significantly impact Israeli football.
The story in 5 lines · by baba
- Maccabi Haifa owner Yaakov Shahar is looking to sell 100% of the club for $100 million.
- Investment bank Raine Group has been hired to find a buyer for the football club.
- A potential buyer group includes a billionaire and tech entrepreneurs from the "GreenTech" forum.
- Prominent tech figures like Tom Livne and Ofer Ben Nun are reportedly involved.
- The sale could represent a significant development for Israeli football.
Maccabi Haifa owner Yaakov Shahar is reportedly looking to sell 100% of the football club for an estimated $100 million. The potential sale, revealed by Calcalist, could signal a major shift in Israeli football.
Shahar and his partners, the heirs of Israel Kaz, have hired the investment bank Raine Group to find a buyer. Raine Group, with offices in major global cities, specializes in technology, media, and communications, and has experience in sports acquisitions.
The investment bank has begun approaching potential buyers, aiming to assemble a consortium. This group would likely include a billionaire investor acquiring a 51% stake, alongside a group of tech entrepreneurs purchasing the remaining 49%. Each of these tech investors is expected to contribute between $5 million and $10 million.
The tech entrepreneurs are reportedly associated with the "GreenTech" forum, a group of Maccabi Haifa fans involved in the high-tech industry. Prominent figures mentioned include Tom Livne, co-founder of Verbit; Ofer Ben Nun, founder of Argus and Talon; Talach Slobodkin of Vintage Stage One; Shimon Elkabetz, founder of Tomorrow; Ziv Paz, co-founder of Milyo; Tamir Bar Ilan, founder of Sierra; Ami Sircus, founder of Score365; and Guy Nitzan, founder of Recap. Hotelier David Fattal and shipping magnate Uri Angel are also being considered as potential investors.
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