Maccabi Tel Aviv is experiencing a change in its ownership structure after the Recanati family, which owns 58 percent of the club’s shares, announced to the other shareholders that it is selling half of its shares to an American company.
According to Walla Sports, they will earn around $50 million from the sale of half the shares they hold in Maccabi Tel Aviv.
It is further stated that the company expected to take over that portion of the shares is being led by American businessman Jason Levine, who expressed interest in buying the team.
Maccabi Tel Aviv shareholders will have 30 days to exercise their right of refusal and buy the shares for this price instead of the American company.
OFFICIAL: Daniel Theis is a new Maccabi Tel Aviv player! 🟡🔵
— Basketball Sphere (@BSphere_) August 5, 2026
That can only mean one thing – the German car is ready, and the dog sitter has already been arranged. Looks like all of his specific requests were approved 😅 pic.twitter.com/3yGmEA1VCO
Interestingly, the Recanati family did the same thing earlier this month, purchasing shares from the Federman family when the latter wanted to sell 29% of its shares to the club’s main sponsor, Arik Shtilman, founder and CEO of Rapyd.
“This is going to be a very long month. There are clear forces from the outside trying to make revolutions, and cause opposition to the step we took. A month is a long time. The goal should be to disconnect this thing from what is done on a daily basis within the team”, said a source within Maccabi Tel Aviv to Walla Sports.
Changes in Maccabi Tel Aviv roster
In the meantime, team has not done much business this summer when it comes to the roster. As many as 11 players from last season were retained, while only Yam Madar, Armando Bacot, Bonzie Colson, and Daniel Theis joined the team.
On the other hand, star of last season’s team, Lonnie Walker, left and went to the NBA, while Zach Hankins and Tamir Blatt also won’t be a part of next year’s roster.
