Racnati Family Buys Federman Stake in Maccabi Tel Aviv for $50 Million
How 4 Israeli newsrooms covered this story — translated into English and compared side by side.
First reported by Walla · 46 minutes ago
What happened
The Racnati family has acquired the Federman family's 14.5% stake in Maccabi Tel Aviv basketball club for $50 million, ending the Federmans' involvement. This deal increases the Racnati family's ownership to 58%, with potential new investors joining. The Federman family had been influential in the club since the early 2000s, while the Racnati family has been a key owner since private ownership began.
- 01Racnati family buys Federman family's 14.5% stake in Maccabi Tel Aviv for $50 million.
- 02Racnati ownership rises to 58%, with Deitsch, Mizrahi, and Ashkenazi holding remaining shares.
- 03Federman family ends involvement after decades of influence and sponsorship.
- 04Potential new investor Jason Levine may acquire 25% of Racnati's shares.
- 05Federman connection to club dates back to early sponsorship and private ownership shift.
- 06Racnati family has been a central owner since 2009, with next generation joining in 2011.
Summary translated & synthesized from the sources below by baba. Read each original for the full report.
Full coverage · 4 outlets
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