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Sports11:38 · 2h ago

Rapid CEO Arik Shtilman Seeks Control of Maccabi Tel Aviv Basketball Club

Now 14Right
Translated & summarized from Now 14 by baba
The story · English

Arik Shtilman, CEO of Rapid and former member of Maccabi Tel Aviv basketball club, has made a bid to acquire the entire stake held by the Rekenati family in the club. The Rekenati family currently owns 58% of Maccabi Tel Aviv after recently purchasing shares from the Federman family less than two weeks ago. Shtilman, who left the club following the ownership changes, aims to regain a central controlling position through this acquisition. The move comes amid ongoing interest from other investors in the club, with the possibility that the Rekenati family might sell only part of their holdings rather than all their shares. This development indicates that the battle over the club's ownership structure is far from over.

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