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Maccabi Tel Aviv has been involved in a transaction to sell a 29% stake for $50 million to Jewish-American businessman Jason Levien. The sale follows a recent acquisition from the Federman family for the same amount.

PRIVATESep 09, 2026•about 2 hours ago

Amount Raised

$50 Million

Round Type

Venture - Series Unknown

Tel AvivSports

Investors

Richard DeitzFederman FamilyRecanati FamilyJason Levien

Description

The Recanati family decided to sell a 29% stake in Maccabi Tel Aviv to Jason Levien for $50 million. This follows their recent acquisition of the stake from the Federman family. The transaction has faced opposition from Richard Deitz, a fellow stakeholder. Court proceedings are ongoing regarding the dispute over the sale.

Company Information

Company

Maccabi Tel Aviv

Location

Tel Aviv, Tel Aviv District, Israel

About

Maccabi Tel Aviv is Israel’s most decorated basketball club, known for its rich history and significant achievements in both domestic and international competitions. The club has been involved in notable financial transactions and shareholder disputes recently, reflecting its impact on the sporting and business landscapes. Under the management of its board, including Udi Recanati, the club navigates complex relationships with sponsors and stakeholders. Maccabi is committed to remaining competitive against major European clubs and maintaining a strong financial position.

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