The sponsor of Maccabi Tel Aviv has publicly accused the Recanati family of deceiving the club's other shareholders, according to reports. The accusation adds a new chapter to the ongoing ownership dispute at the Israeli basketball club.
The sponsor of Maccabi Tel Aviv has publicly accused the Recanati family of deceiving the club's other shareholders, according to the report. The specific allegations were not detailed in the initial report. The accusation adds a new layer to the ongoing ownership saga at the Israeli basketball club. The Recanati family recently exercised a right of first refusal to acquire the Federman family's 29% stake for $50 million, and later announced plans to sell half of its holdings to American businessman Jason Levin, as The Zioneer previously reported.
- StrongRecanati Family Exercises Right of First Refusal to Acquire Federman Stake in Maccabi Tel Aviv
- StrongRecanati family informs shareholders of plan to sell 29% stake in Maccabi Tel Aviv to Jason Levin
- DevelopingRAPID Founder Eric Stilman Reportedly Offers $100M for Recanati Stake in Maccabi Tel Aviv
- DevelopingReport: Shimon Mizrahi pushes businessman to invest millions in Maccabi Tel Aviv
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