Erik Shtilman Offers to Buy Entire Stake from Maccabi Tel Aviv's Recanati Family

Erik Shtilman, CEO of Rapid and former member of Maccabi Tel Aviv, has proposed purchasing the entire shareholding of the Recanati family in Maccabi Tel Aviv. This development comes days after the Recanati family exercised their right of first refusal to acquire all shares held by the Federman family, a move that led to Shtilman's departure from the club. Currently, the Recanati family owns 58% of the club's shares. Shtilman's offer aims to complete a significant transaction involving the club's ownership structure.

In addition to Shtilman's proposal, other investors have expressed interest in acquiring shares from the Recanati family. There is a real possibility that the Recanati family may sell part of their stake in the yellow-and-blue club. Businessman Jason Levine is reportedly engaged in discussions with the Recanati family regarding a potential purchase of some of their shares. This ongoing negotiation reflects a dynamic period in the ownership and management of Maccabi Tel Aviv basketball club.