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Ongoing Story· Day 52

Maccabi Haifa Sets New Policy for Club Sale Negotiations

2 developments

WallaCulture

Maccabi Haifa Ownership Talks: Fan Ownership Dreamed By Potential Investor

Translated & summarized from Walla by baba

CenterNeutral tone

Hebrew · 1 newsroom

Businessman Tom Livneh, a potential investor in Maccabi Haifa, dreams of fan ownership for the club. Owner Yaakov Shahar is reportedly selling the team for $100 million, seeking continuity. Livneh has signed a confidentiality agreement and shared his vision for a more technological club with a European presence.

The story in 6 lines · by baba

  • Businessman Tom Livneh dreams of Maccabi Haifa being owned by its fans.
  • Owner Yaakov Shahar is seeking to sell Maccabi Haifa for $100 million.
  • Livneh confirmed signing a confidentiality agreement for potential acquisition.
  • Livneh envisions more technology and a consistent European presence for the club.
  • Shahar, 84, wants to ensure continuity for the club he has owned.
  • Some prominent tech figures have expressed disinterest in football ownership.

Businessman and entrepreneur Tom Livneh, reportedly linked to a group of investors potentially acquiring Maccabi Haifa, stated his ultimate dream is for the club to be owned by its fans. Livneh expressed a desire for any supporter to be able to purchase a share in the team.

It was recently reported that Yaakov Shahar, the 84-year-old owner of Maccabi Haifa, has hired an investment bank to sell the club for $100 million. Livneh, who admires Shahar, explained that Shahar wishes to see continuity for his life's work and has confirmed his interest in selling 100% of the club.

Livneh confirmed he has signed a confidentiality agreement and received materials from the club, indicating his serious consideration of a bid. He believes Shahar genuinely wants 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 already told him they are not interested in football. The article also mentions the wishes of the Kaz family regarding the club's future and Livneh's personal addition of the name Yaakov to his own, inspired by a dream.

WallaCentre · Tel Aviv

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