Maccabi Haifa Owner Seeks $100 Million Sale of Entire Club Stake
Summarized from The Jerusalem Post by baba
Maccabi Haifa owner Yaakov Shahar is selling his entire stake in the football club for $100 million, hiring investment bank Raine Group to find a buyer. Shahar, who has owned the club for 35 years, is looking for a buyer who can ensure its long-term future. Potential buyers include a Jewish billionaire and a group of tech entrepreneurs, with individual investments ranging from $5 million to $10 million.
The story in 5 lines · by baba
- Maccabi Haifa owner Yaakov Shahar is selling his entire stake for $100 million.
- Shahar has owned the club for 35 years and is seeking a buyer to ensure its long-term future.
- Investment bank Raine Group has been hired to manage the sale process.
- A potential deal involves a billionaire taking a 51% stake and tech entrepreneurs the rest.
- Tech entrepreneurs are expected to invest between $5 million and $10 million each.
The Jerusalem Post publishes in English. The key points are summarized above. Read The Jerusalem Post’s full report from the link at the top of the page.
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