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Ongoing Story· Day 47

Maccabi Haifa Sets New Policy for Club Sale Negotiations

6 developments

WallaSports

Maccabi Haifa Owner Plans Facility Upgrades Amid Sale Efforts

Translated & summarized from Walla by baba

CenterNeutral tone

Hebrew · Sole source

Maccabi Haifa owner Yaakov Shahar is planning significant upgrades to the club's youth training facilities in Kiryat, including new turf and building renovations. This comes even as Shahar has authorized the Raine Group to find a buyer for the club. Currently, no serious negotiations with a potential buyer are reported, though efforts to find one continue.

The story in 5 lines · by baba

  • Maccabi Haifa owner Yaakov Shahar plans to upgrade the club's youth training complex.
  • The planned upgrades include new artificial turf and building renovations.
  • Shahar has authorized the Raine Group to find a buyer for the club.
  • No serious negotiations with a potential buyer are currently underway.
  • The municipality will add a Metronit station to the training complex.

Despite intentions to sell the club, Maccabi Haifa owner Yaakov Shahar is proceeding with plans to expand and upgrade the team's youth academy training complex in Kiryat. Shahar visited the facility last week and informed youth department staff, coaches, and players about the planned improvements. These upgrades include renovating buildings and converting the upper field to artificial turf. The municipality also plans to establish a Metronit (bus rapid transit) line with a station at the complex to ease travel for young players.

Concurrently, the club is still seeking a buyer. While Shahar has authorized the Raine Group to find a potential purchaser, club officials state that no serious negotiations are currently underway with any potential buyer. The Raine Group continues its efforts to find a serious investor, similar to past negotiations with an American group led by Adam Fried.

WallaCentre · Tel Aviv

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