Maccabi takeover completed

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Football News
Canadian Jewish businessman Alex Shnaider has completed his takeover of Maccabi Tel Aviv.

Following a resolution of differences between Maccabi´s previous stakeholders Loni Hertzikovitch and Roni Mana, the team has now officially passed into the control of Midland Group co-founders Shnaider and Eduard Shyfrin.

Shnaider and Shyfrin now control 80% of the club´s shares, with the Maccabi Tel Aviv Sporting Club holding the remainder. Although financial details behind the deal were not released, it is reported to have been worth in the region of £8.3million.

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