Maccabi Haifa Owner Seeks $100 Million Sale
Translated & summarized from Sport5 by baba
Maccabi Haifa owner Yaakov Shahar is seeking to sell the entire club for $100 million, hiring investment bank Raine Group to find a buyer. The plan involves a Jewish billionaire acquiring 51% and a group of tech entrepreneurs buying the remaining 49%. Potential investors include founders of prominent tech companies like Verbit, Argus, Talon, and Score365.
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 Israeli football club.
- The proposed deal involves a Jewish billionaire buying 51% and tech entrepreneurs acquiring the remaining 49%.
- Several prominent Israeli tech entrepreneurs are reportedly considering joining the purchasing group.
- The tech investors are associated with the "GreenTech" forum of high-tech professionals.
Maccabi Haifa owner Yaakov Shahar is reportedly looking to sell 100% of the football club's shares in a single deal valued at $100 million. Shahar and his partners, the heirs of Yisrael Kaz, have hired the investment bank Raine Group to find a buyer. Raine Group, which has offices in eight global cities and specializes in technology, media, and telecommunications, has begun approaching potential investors.
The bank is reportedly attempting to assemble a purchasing group comprising a Jewish billionaire who would acquire 51% of the club, alongside a group of tech entrepreneurs who would buy the remaining 49%. Each of these tech investors would contribute between $5 million and $10 million.
These tech entrepreneurs are associated with the "GreenTech" forum, a group of high-tech professionals who support the team. Key figures mentioned include Tom Livne, a co-founder of Verbit, Ofer Ben-Nun, who founded and sold Argus and Talon for over $1 billion, Talach Slobodkin, a managing partner at Vintage Stage One, Shimon Elkabetz, founder of weather systems company Tomorrow, Ziv Paz, a co-founder of payment platform Moolio, Tamir Bar Ilan, founder of sports app Score365, and Guy Nitzan, founder of Israeli company Recap. Hotelier David Fattal and shipping magnate Udi Angel are also being considered as potential investors.
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