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Maccabi Netanya New Owner Sues Previous Owner for $2.5 Million
The current ownership of the Maccabi Netanya football club has filed a 9.5 million shekel (approximately $2.5 million) lawsuit against the club's former owner, Eyal Segal, and his company. The claim was submitted to the Football Association's arbitration institution on Monday, October 12, 2026.
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What happened
- 01The current ownership of Maccabi Netanya sued former owner Eyal Segal for 9.5 million shekels.
- 02The lawsuit was submitted to the Football Association's arbitration institution on Monday, October 12, 2026.
- 03The dispute centers on the May 2025 agreement for the sale of the Maccabi Netanya football club.
- 04The plaintiff claims Segal breached the agreement by failing to clear the club's debts by the end of 2025.
- 05The buyer paid $3.5 million for the club under the understanding that it would be debt-free.
- 06The lawsuit names Segal's company, Ranoman Ltd., which personally guaranteed to cover the outstanding liabilities.
The lawsuit, filed by the club's current controlling owner, alleges that Segal breached the terms of the club's sale agreement signed in May 2025. According to the suit, Segal was obligated to cover all of Maccabi Netanya's debts and liabilities up to the end of the 2024/2025 season, with a cutoff date of June 1, 2025, and to ensure the club was entirely debt-free by the end of 2025.
The current ownership, identified as Aliya Capital Partners LLC led by Ross Kestin according to Sport5 and N12, and as Elite Capital led by Ross Kassin according to Ynet, purchased the club with the understanding it would be debt-free. The buyer transferred $3.5 million to assist in covering past debts and ongoing expenses.
The plaintiff claims that while they fulfilled their obligations, Segal and his company, Ranoman Ltd. (also referred to as Ranomann Ltd. or Reuman Ltd.), failed to settle the remaining liabilities. Despite a demand for payment in May, Segal did not comply, prompting the legal action.
Summarized by baba from the reports of 3 newsrooms. Updated
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