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Ongoing Story· Day 52

Maccabi Haifa Sets New Policy for Club Sale Negotiations

2 developments

WallaSports

Maccabi Haifa Investor Tom Livneh Dreams of Fan Ownership

Translated & summarized from Walla by baba

CenterNeutral tone

Hebrew · 1 newsroom

Businessman Tom Livneh expressed his dream of Maccabi Haifa being fan-owned, with shares available to the public. This follows reports that current owner Yaakov Shahar is seeking to sell the club for $100 million. Livneh confirmed his interest and shared his vision for a more technologically advanced club with a European presence.

The story in 5 lines · by baba

  • Businessman Tom Livneh dreams of Maccabi Haifa becoming fan-owned.
  • Owner Yaakov Shahar is reportedly selling the club for $100 million.
  • Livneh confirmed signing a confidentiality agreement and receiving club materials.
  • Livneh envisions more technology and a consistent European presence for the club.
  • Livneh believes the $100 million asking price is high.

Businessman and entrepreneur Tom Livneh, reportedly linked to a potential investor group for Maccabi Haifa, stated his ultimate dream is for the club to be owned by its fans. He envisions a model where anyone can purchase a share, citing international precedents.

Livneh's comments come after reports that Yaakov Shahar, the 84-year-old owner, has hired an investment bank to sell 100% of the club for $100 million. Livneh expressed admiration for Shahar, calling the club his life's work and noting Shahar's desire for continuity.

Livneh confirmed he has signed a confidentiality agreement and received materials from the club, indicating serious interest. He believes Shahar is genuinely looking to sell and discussed his vision for the club should he gain ownership, which includes integrating more technology, attracting significant investment, and ensuring a consistent European presence.

Livneh also commented on the $100 million asking price, suggesting it is high. He revealed that some prominent tech figures have expressed disinterest in football. The article also hints at discussions involving the Kaz family's wishes and Livneh's personal motivations, including adding the name Yaakov to his own after a dream.

WallaCentre · Tel Aviv

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