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Ongoing Story· Day 42

Maccabi Haifa Sets New Policy for Club Sale Negotiations

2 developments

WallaSports

Maccabi Haifa Owner Seeks Serious Buyer for Club

Translated & summarized from Walla by baba

CenterNeutral tone

Hebrew · 15 newsrooms covering

Maccabi Haifa owner Yaakov Shahar has hired THE RAINE GROUP to find a buyer for the football club, confirming reports of a potential sale. Shahar stated that while he is seeking a serious entity to advance the club, much of the media coverage has been inaccurate. He assured fans that he will continue to invest in and manage Maccabi Haifa until a suitable owner is found who can uphold the club's legacy.

The story in 5 lines · by baba

  • Maccabi Haifa owner Yaakov Shahar is seeking a buyer for the club and has hired THE RAINE GROUP.
  • Shahar confirmed interest from various parties but stated that much of the reporting on the sale is inaccurate.
  • He emphasized that the club will only be sold to an entity capable of leading it to further achievements.
  • Shahar pledged to continue investing in and managing Maccabi Haifa until a sale is completed.
  • The club has been a significant part of Shahar's life and family for over 35 years.
Maccabi Haifa Owner Seeks Serious Buyer for Club
Editorial illustration generated by baba News, not a photograph of the event.

Maccabi Haifa owner Yaakov Shahar confirmed on Wednesday that he has hired international investment bank THE RAINE GROUP to help find a suitable entity to purchase the football club. Shahar issued a statement addressing recent reports about his intention to sell the team for $100 million, clarifying that while he is seeking a buyer, much of the published information is inaccurate. He emphasized that he and his family have been deeply involved with the club for over 35 years and that it holds significant importance to him, its employees, players, and fans.

Shahar stated that he has received interest from various parties and that THE RAINE GROUP, a leading firm in the field, was engaged to identify the right partner for the club's future. He acknowledged the considerable media attention surrounding the potential sale and urged fans to rely on official club communications for accurate updates, as some reports have been speculative and not reflective of reality.

The owner stressed that any future transfer of ownership would only occur if the buyer demonstrates the capability to continue the club's legacy and lead it to further achievements. Until a sale is finalized, Shahar pledged to continue supporting, investing in, and managing Maccabi Haifa with pride and affection.

WallaCentre · Tel Aviv

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Full coverage · 17 outlets
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