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Sports17:02 · 1h ago

Racnati Family Sells Half Their Shares in Maccabi Tel Aviv to US Firm for $50 Million

N12Center
Translated & summarized from N12 by baba
The story · English

Maccabi Tel Aviv is set for another shift in its ownership structure as the Racnati family, the majority shareholders, have agreed to sell half of their shares to an American company for $50 million. Of the shares being sold, 29 percent will be transferred to the US firm. Following the announcement on August 7, 2026, other shareholders have a right of first refusal if they oppose the sale, which they can exercise within 30 days. Should they choose to do so, these shareholders may purchase the 29 percent stake that the Racnati family intends to sell. This development marks a significant change in the club's ownership and could impact its future direction.

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