Maccabi Haifa Seeks New Owners, Hires Raine Group for Sale Process

The Raine Group, known for facilitating major international sports transactions such as the sale of Chelsea and a partial sale of Manchester United, agreed to the project despite the club's smaller size. The bank's involvement is driven by its prior experience in the Israeli market, including the sale of Playtika, and the Jewish heritage of some of its partners, such as founder Joe Ravitz. Maccabi Haifa will provide the bank with full financial transparency to prepare detailed reports for potential investors.

The club's valuation is estimated between $100 million and $120 million. Reports indicate that Maccabi Haifa is seeking a structure where a controlling owner holds a 51% stake and a business group holds the remaining 49%, though Raine Group's role will also include searching for a buyer for 100% of the club. The sale process is expected to involve due diligence and could take several months to finalize.