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

Translated & summarized from N12 by baba
The story · English

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. The Recanati family currently holds 58% of the club's shares. Meanwhile, other investors have shown interest in acquiring stakes in the club, and there is a real possibility that the Recanati family may sell part of their holdings. Businessman Jason Levine is among those engaged in talks with the Recanati family regarding a potential purchase of some of their shares.

Read the original at N12
Full coverage · 6 outlets
80% centerFirst: Globes · Jul 24

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