Recanati Family Takes Full Control of Maccabi Tel Aviv Basketball Club
Maccabi Tel Aviv announced a major change in its ownership structure on Tuesday, July 7, 2026. The Recanati family has purchased the shares previously held by the Federman family, effectively removing them from the club's ownership. This significant shift also led to the departure of Erik Stillman, who left the club after only about six weeks in his role. The changes have sparked a strong reaction on social media, with many expressing shock and emphasizing that the club must now invest more funds without excuses. The announcement marks a dramatic moment in Israeli basketball, highlighting the evolving leadership and financial expectations at one of the country's premier sports organizations.
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