Recanati Family Gains Control of Maccabi Tel Aviv Basketball in Major Ownership Shakeup

First reported by Walla · 12 hours ago

What happened

The Recanati family acquired a controlling 58% stake in Maccabi Tel Aviv Basketball by buying out the Federman family's 29% shares, following the entry of sponsor CEO Erik Shtilman. This move ended longstanding ownership disputes and revealed the club's valuation at $172.5 million. The Recanati family plans major investments to strengthen the team and simplify decision-making.

• 01Recanati family buys Federman's 29% stake, gaining 58% control of Maccabi Tel Aviv.
• 02Entry of Erik Shtilman triggered buyout option activating ownership change.
• 03Maccabi Tel Aviv valued at $172.5 million based on recent share purchase.
• 04Ownership now split: Recanati 58%, Deitsch 17.5%, Mizrahi 14.5%, Ashkenazi 10%.
• 05Years of shareholder disagreements influenced the ownership consolidation.
• 06Recanati family aims to invest heavily to boost club's financial and sporting status.

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.

N12Center · Hebrew26 minutes ago

Recanati Family Gains Control of Maccabi Tel Aviv Basketball in Major Ownership Shakeup

MakoCenter · Hebrew26 minutes ago

Recanati Family Takes Control of Maccabi Tel Aviv in Major Ownership Shakeup

Arutz ShevaRight · Hebrew9 hours ago

Recanati Family Takes Majority Ownership of Maccabi Tel Aviv Basketball Club

N12Center · Hebrew11 hours ago

Rekanati Family Buys Federman Shares to Gain Control of Maccabi Tel Aviv Basketball

MakoCenter · Hebrew11 hours ago

Racanati Family Buys Federman Shares to Gain Control of Maccabi Tel Aviv Basketball

N12Center · Hebrew11 hours ago

Recanati Family Takes Full Control of Maccabi Tel Aviv Basketball Club

MakoCenter · Hebrew11 hours ago

Recanati Family Takes Full Ownership of Maccabi Tel Aviv Basketball Club

N12Center · Hebrew11 hours ago

Recanati Family Buys 29% Stake in Maccabi Tel Aviv, Revealing Club's $172.5 Million Valuation

MakoCenter · Hebrew11 hours ago

Recanati Family Buys 29% Stake in Maccabi Tel Aviv, Revealing Club's $172.5 Million Valuation

MakoCenter · Hebrew11 hours ago

Recanati Family Buys Federman Shares to Control 58% of Maccabi Tel Aviv Basketball Club

N12Center · Hebrew11 hours ago

Recanati Family Buys Federman Shares to Control 58% of Maccabi Tel Aviv Basketball Club

WallaCenter · Hebrew11 hours ago

Recanati Family Gains Majority Stake in Maccabi Tel Aviv, Sea Madr Deal Unaffected

GlobesUnrated · Hebrew12 hours ago

Recanati Family Acquires Federman Shares in Maccabi Tel Aviv Basketball for $50 Million

Now 14Right · Hebrew12 hours ago

Racnati Family Acquires Federman Shares to Gain Control of Maccabi Tel Aviv Basketball Club

MakoCenter · Hebrew12 hours ago

Racnati Family Acquires Federman Shares in Maccabi Tel Aviv for $50 Million

N12Center · Hebrew12 hours ago

Recanati Family Acquires Federman Shares in Maccabi Tel Aviv for $50 Million

YnetCenter · Hebrew12 hours ago

Racnati Family Buys Federman's Stake in Maccabi Tel Aviv Basketball for $50 Million

CalcalistUnrated · Hebrew12 hours ago

Recanati Family Acquires Federman Shares in Maccabi Tel Aviv for $50 Million

WallaCenter · Hebrew12 hours ago

Racnati Family Acquires Federman Shares to Gain Majority Control of Maccabi Tel Aviv

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