Maccabi Tel Aviv Faces Ownership Turmoil Amid Sale to American Investor Jason Levin
How 2 Israeli newsrooms covered this story — translated into English and compared side by side.
First reported by Walla · 1 day ago
What happened
Maccabi Tel Aviv basketball club is facing an ownership crisis after the Recanati family announced selling half their stake to American investor Jason Levin. Other shareholders have 30 days to block the sale. Sponsor Eric Stillman alleges the deal was concealed and plans legal action. Meanwhile, staff linked to the Federman family are being dismissed. Levin plans significant investment and long-term involvement to revive the club.
- 01Maccati Tel Aviv's Recanati family plans to sell half their 58% stake to American Jason Levin.
- 02Other shareholders have 30 days to exercise right of first refusal to block Levin's entry.
- 03Sponsor Eric Stillman accuses Recanati of concealing prior deal with Levin, plans court action.
- 04Recanati family is dismissing employees linked to the Federman family amid the dispute.
- 05Levin intends to invest $70 million and build a new 20,000-seat arena for the club.
- 06Levin commits to long-term involvement, addressing shareholder concerns about short-term investors.
Summary translated & synthesized from the sources below by baba. Read each original for the full report.
Full coverage · 2 outlets
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