Maccabi Haifa Owner Yaakov Shahar Confirms Club is For Sale
Translated & summarized from Sport5 by baba
Maccabi Haifa owner Yaakov Shahar has officially confirmed the club is for sale, seeking a serious buyer to lead it forward. He has hired THE RAINE GROUP to find a suitable entity, warning fans against inaccurate media reports. The sale is reportedly valued at $100 million, with a plan for a billionaire and tech investors to acquire stakes. Businessman David Chisik is said to be brokering the deal.
The story in 6 lines · by baba
- Maccabi Haifa owner Yaakov Shahar has officially confirmed the club is for sale.
- Shahar is seeking a serious entity to lead the club forward and has hired THE RAINE GROUP.
- The club's sale is reportedly valued at $100 million.
- A potential deal involves a billionaire acquiring 51% and tech entrepreneurs the remaining 49%.
- Businessman David Chisik is reportedly brokering the sale.
- Shahar stated he will continue to manage the club until a suitable buyer is found.
Maccabi Haifa owner Yaakov Shahar officially confirmed on Wednesday that the club is up for sale. In a statement to the team's fans, Shahar, who has owned the club for over 35 years, stated that he is seeking a serious entity to lead the club forward. He mentioned that he has recently received interest from various parties and has hired THE RAINE GROUP, a leading firm in the field, to find a suitable buyer.
Shahar cautioned against inaccurate media reports and speculation surrounding the sale. He emphasized that the club will only be transferred to someone capable of continuing its legacy and achieving further success. Until a sale is finalized, he pledged to continue supporting, investing in, and managing the club with pride.
Earlier reports by Golan Hazani in Calcalist indicated that Shahar aims to sell 100% of the club's shares in a deal valued at $100 million. The plan reportedly involves assembling a buyer group consisting of a Jewish billionaire acquiring 51% and a group of tech entrepreneurs purchasing the remaining 49% in individual investments of $5 to $10 million each. Businessman David Chisik is reportedly brokering the deal, leveraging his extensive business and sports connections, including past roles with Portsmouth in the English Premier League and as a confidant of Alexander (Sasha) Gaydamak, son of former Beitar Jerusalem owner Arkady Gaydamak.
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