Oudi Rekhnati Family Takes Control of Maccabi Tel Aviv Basketball Club
How 8 Israeli newsrooms covered this story — translated into English and compared side by side.
First reported by Walla · Jul 7, 2026
What happened
The Rekhnati family has taken majority control of Maccabi Tel Aviv basketball club by buying the Federman family's shares for $50 million, raising their stake to 58%. They plan to significantly increase the club's budget to improve performance after recent struggles. Eric Stillman, a recent board member and sponsor, will step down. Oudi Rekhnati, a veteran businessman known for selling IDB Holding, leads the family’s return to the club.
- 01The Rekhnati family acquires 58% control of Maccabi Tel Aviv basketball club for $50 million.
- 02The deal values the club at $172 million and aims to boost its budget significantly.
- 03Eric Stillman, recent board member and sponsor, will leave his role within two months.
- 04David and Danny Federman previously led the club before selling shares to Rekhnatis.
- 05Oudi Rekhnati is a veteran businessman known for selling IDB Holding in 2003.
- 06The Rekhnatis have longstanding ties to basketball and plan major investments in players.
Summary translated & synthesized from the sources below by baba. Read each original for the full report.
Full coverage · 8 outlets
The same event, reported separately by each newsroom. Open a few to compare what each emphasizes — and what they leave out.