Danny Federman confirmed the final sale of the family's 29% stake, saying the new offer will advance the club to the next stage, according to N12. The deal ends the Federman family's 90-year involvement in the club.
01 · THE DISPATCH
The Federman family has finalized the sale of its 29% stake in Maccabi Tel Aviv to the Recanati family, ending a 90-year ownership era. Danny Federman told N12 that the new offer will advance the club to the next stage. The Zioneer has previously reported on the Recanati family's exercise of right of first refusal and the earlier completion of the acquisition.
02 · How it developed
2 developments
Related dispatches
- StrongRecanati Family Exercises Right of First Refusal to Acquire Federman Stake in Maccabi Tel Aviv
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- DevelopingMaccabi Tel Aviv Sponsor Accuses Recanati Family of Deceiving Shareholders
- DevelopingRAPID Founder Eric Stilman Reportedly Offers $100M for Recanati Stake in Maccabi Tel Aviv
03 · Source and signal
Source and signal
- Open-source intake