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PanetSports

Maccabi Haifa Owner Yaakov Shahar Seeks $100 Million Sale After 35 Years

Translated & summarized from Panet by baba

CommunityNeutral tone

Arabic · 11 newsrooms covering

Maccabi Haifa owner Yaakov Shahar, 84, is selling the club for $100 million after 35 years of ownership. He seeks a buyer to guarantee the club's continuity. This follows a failed deal six months prior to sell half the shares to US investors.

The story in 5 lines · by baba

  • Maccabi Haifa owner Yaakov Shahar is selling the club for $100 million.
  • Shahar has owned the Israeli football club for approximately 35 years.
  • The owner is seeking a buyer who will ensure the club's continued success.
  • A previous attempt to sell half the shares to US investors failed six months ago.
  • Shahar is now looking to sell 100% of the club's shares.
Maccabi Haifa Owner Yaakov Shahar Seeks $100 Million Sale After 35 Years
Editorial illustration generated by baba News, not a photograph of the event.

Yaakov Shahar, the 84-year-old owner of Israeli football club Maccabi Haifa, has decided to sell the team for $100 million, according to the Hebrew website Calcalist. Shahar, who has owned the club for approximately 35 years, is reportedly seeking a buyer who will ensure the club's continued success.

This renewed attempt to sell the team comes about six months after a previous deal to sell half of the club's shares to a group of American investors fell through. This time, Shahar is looking to sell 100% of the club's shares.

PanetArab · Arara

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Full coverage · 13 outlets
First: Panet · 4h ago

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