Jewish-American Business Group Seeks to Acquire Maccabi Haifa Basketball Club

A group of Jewish-American businessmen has submitted a proposal to acquire the management rights of Maccabi Haifa's basketball club, which currently competes in Israel's Liga Artzit (third division). The initiative is led by Asaf Rosenblat, former CEO of Maccabi Haifa's senior team during Jeff Rosen's ownership. Rosenblat recently traveled to the United States to assemble a consortium of five investors to finalize the offer, which was presented to the club's leadership on Wednesday.

The proposal includes taking over management of all basketball teams under the club, including the youth division, but excludes the women's team, which will remain under Ilan Beck's management. The group commits to operating the basketball department for at least ten years with no investment limits and will pay the club $15,000 annually for management rights.

Professionally, the investors pledge to swiftly return the senior team to the Israeli Premier League and to make significant investments in the youth division to build a strong foundation for the future. Financially, the investment will be equally shared among the four businessmen involved. This move aims to restore the former champion club to its previous prominence in Israeli basketball.