Rapid CEO Upgrades Offer to Buy Majority Stake in Maccabi Tel Aviv from Recanati Family
How 4 Israeli newsrooms covered this story — translated into English and compared side by side.
First reported by Walla · 6 hours ago
What happened
Eric Shtilman, CEO of Rapid and Maccabi Tel Aviv sponsor, raised his bid to $120 million to buy 58% of the club from the Recanati family, surpassing his earlier $100 million offer and the previous $50 million paid by Recanati for a minority stake. The Recanati family recently became majority owners by acquiring shares from the Federman family, while Jason Levine is also negotiating to buy shares from Recanati.
- 01Eric Shtilman increased his bid to $120 million for 58% of Maccabi Tel Aviv shares from the Recanati family.
- 02The previous offer by Shtilman was $100 million about ten days ago.
- 03Recanati family paid $50 million for 29% of the club from the Federman family last month.
- 04Recanati became majority owners by acquiring Federman's shares.
- 05Owners have right of first refusal on share sales within the club.
- 06Jason Levine is interested in buying shares from the Recanati family and is in talks.
Summary translated & synthesized from the sources below by baba. Read each original for the full report.
Full coverage · 4 outlets
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