Maccabi Haifa President Confirms Search for New Owner
Translated & summarized from Now 14 by baba
Maccabi Haifa President Yaakov Shahar confirmed he is seeking a buyer for the football club, hiring Raine Group to find a suitable entity. The sale is estimated to be worth around $100 million. Shahar emphasized that the club will only be sold to someone who can continue its legacy and achieve further success. He will continue to manage the club until a deal is completed.
The story in 5 lines · by baba
- Maccabi Haifa President Yaakov Shahar is actively seeking a buyer for the football club.
- Shahar has hired the international firm Raine Group to manage the sale process.
- The potential sale of Maccabi Haifa is valued at approximately $100 million.
- Shahar stressed the club will only be sold to an owner committed to its future success.
- He will continue to manage the club until a sale is finalized.
Yaakov Shahar, the president of Israeli football club Maccabi Haifa, has officially confirmed that he is seeking a buyer for the team. The announcement comes after earlier reports suggested he was initiating a sale process.
In a statement released Wednesday, Shahar acknowledged the club's significant place in his life and his family's for over 35 years, emphasizing his deep affection for the club, its employees, players, and fans. He stated that he has begun practical steps to find a suitable successor.
Shahar revealed that he has hired the international firm Raine Group, a leader in the field, to identify a potential buyer. He explained that he has received interest from various parties and wishes to find a serious entity that can lead the club forward. The sale is reportedly valued at approximately $100 million, with the firm approaching potential investors both domestically and internationally.
Addressing speculation surrounding the club's future, Shahar cautioned against inaccurate media reports and urged fans to rely on official club communications. He stressed that the club will only be transferred to an owner capable of continuing his life's work and achieving further success. Until a sale is finalized, Shahar assured that he will continue to manage and support Maccabi Haifa with love and pride.
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