Former NBA Executive Jason Levine May Join Ownership of Maccabi Tel Aviv Basketball Club
How 1 Israeli newsrooms covered this story — translated into English and compared side by side.
First reported by Ynet · 13 hours ago
What happened
Jason Levine, former NBA executive and sports investor, may join the ownership group of Maccabi Tel Aviv after the Recanati family acquired shares from the Federman family. Levine's involvement could see him purchasing about 25% of the club, with the Recanati family retaining the largest stake. The move is part of a broader plan to bring in new investors to support the club's financial needs.
- 01Jason Levine, ex-Memphis Grizzlies CEO, may buy into Maccabi Tel Aviv ownership.
- 02Recanati family recently bought Federman family's shares, now holding 58% of the club.
- 03Levine could acquire 25% of shares, with Recanati family keeping 33%.
- 04Levine has extensive sports management experience in NBA, MLS, and European football.
- 05The ownership change aims to share financial responsibilities and increase the club's budget.
- 06New investors will be selected by the Recanati family to support Maccabi's operations.
Summary translated & synthesized from the sources below by baba. Read each original for the full report.
Full coverage · 1 outlets
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