Maccabi Haifa Owner Yaakov Shahar Announces Intent to Sell Club
Translated & summarized from Haaretz by baba
Yaakov Shahar, the 84-year-old owner of Maccabi Haifa, announced his intention to sell the Israeli football club. He has hired THE RAINE GROUP to find a suitable buyer after receiving interest from various parties. During his 35-year tenure, Shahar led the club to 11 league titles and four State Cups, along with European success. He stated the club will only be sold to someone who can continue its legacy.
The story in 5 lines · by baba
- Maccabi Haifa owner Yaakov Shahar announced his intention to sell the club.
- Shahar has hired THE RAINE GROUP to find a suitable buyer.
- The club has won 11 league titles and four State Cups under Shahar's ownership.
- Shahar has been involved with Maccabi Haifa for over 35 years.
- He stated the club will only be sold to someone capable of continuing its achievements.
Yaakov Shahar, the owner of Israeli football club Maccabi Haifa, announced on Wednesday his intention to sell the team. Shahar, 84, stated in an official club release that he has been seeking a "serious entity" to advance the club and has recently received interest from various parties. To facilitate the sale, he has hired the services of THE RAINE GROUP, a leading firm in the field, to find a suitable buyer.
Shahar began his involvement with Maccabi Haifa as a sponsor in the 1980s and became the club's president in 1992. Under his ownership, the club has achieved significant success, winning 11 Israeli league championships and four State Cups. They also reached the UEFA Cup round of 16 and the Cup Winners' Cup round of 16, in addition to qualifying for the Champions League group stage three times.
"Maccabi Haifa has been a very significant part of my life and my family's life for over 35 years," Shahar said. He emphasized that the club, its employees, players, and fans are dear to him, as is the club's standing in Israeli sports. Shahar acknowledged the considerable media attention surrounding the club, particularly regarding its ownership, and noted that much of the speculation is inaccurate.
He assured that the club will only be transferred to someone capable of continuing his life's work and leading it to further achievements. Until a sale is finalized, Shahar pledged to continue supporting, investing in, and managing the club with pride and affection.
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