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Ongoing Story· Day 42

Maccabi Haifa Sets New Policy for Club Sale Negotiations

2 developments

MakoSports

Maccabi Haifa Owner Yaakov Shahar Seeks Buyer for Club

Translated & summarized from Mako by baba

CenterNeutral tone

Hebrew · 15 newsrooms covering

Maccabi Haifa owner Yaakov Shahar has officially put the football club up for sale, seeking a serious buyer to lead it forward. He has hired The Raine Group to find a suitable entity, emphasizing his commitment to the club's legacy. Reports suggest a potential $100 million deal involving a billionaire and tech investors, with businessman David Chisick brokering the transaction.

The story in 5 lines · by baba

  • Maccabi Haifa owner Yaakov Shahar has officially announced the club is for sale.
  • Shahar has hired The Raine Group to find a suitable buyer for the club.
  • The club is reportedly valued at $100 million in a potential sale.
  • Businessman David Chisick is reportedly brokering the deal.
  • Shahar will continue to manage the club until a sale is completed.
Maccabi Haifa Owner Yaakov Shahar Seeks Buyer for Club
Editorial illustration generated by baba News, not a photograph of the event.

Maccabi Haifa is officially up for sale, with owner Yaakov Shahar announcing his intention to find a suitable entity to lead the club forward. Shahar, who has been involved with the team for over 35 years, stated that he has received interest from various parties and has therefore hired the services of The Raine Group, a leading firm, to identify a buyer.

Shahar emphasized that the club is a significant part of his life and family, and he is looking for a serious buyer who can continue its legacy and lead it to further achievements. He acknowledged the considerable media attention surrounding the club, particularly on this matter, and cautioned fans to rely only on official club communications, as much of the speculation is inaccurate.

Until a sale is finalized, Shahar pledged to continue supporting, investing in, and managing the club with pride and love. Earlier reports from Calcalist suggested 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 comprising a Jewish billionaire acquiring 51% and a group of tech investors each buying 49% in smaller stakes.

Businessman David Chisick is reportedly brokering the deal, connecting the club with the bank that will find the prospective buyer. Chisick has a background in high-tech, media, and investments, and has previously served as vice-chairman of Portsmouth in the Premier League and was a close confidant of Alexander Gaidamak, son of former Beitar Jerusalem owner Arkady Gaidamak.

MakoCentre · Neve Ilan

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