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Breaking· Politics· Updated

Maccabi Tel Aviv Basketball Ownership Battle Intensifies in Court

Shareholder Richard Deitz has asked a court to freeze actions related to Maccabi Tel Aviv's ownership structure amid a dispute over 9% of the club's shares. The legal battle involves multiple shareholders and a proposed $18 million deal, with arbitration expected to decide the ultimate control of the prominent Israeli basketball team.

3 newsrooms · 1 language · since

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What happened

  1. 01Richard Deitz seeks court orders to freeze Maccabi Tel Aviv ownership changes.
  2. 02The dispute involves 9% of club shares initially offered for $18 million.
  3. 03Deitz claims he exercised his right of first refusal on the shares.
  4. 04Other shareholders, including Mizrahi and Recanati, also invoked refusal rights.
  5. 05An ongoing arbitration process is expected to determine club control.
  6. 06The case highlights a complex battle for the future ownership of Maccabi Tel Aviv.
Translated and summarized by baba from 0404, the latest report. Read 0404’s original

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