Richard Deitz

Richard Deitz issued a statement to Maccabi Tel Aviv fans following a court hearing, welcoming arbitration and mediation in the ongoing ownership dispute while demanding management reforms.

VR Capital Group and Richard Deitz filed an urgent Tel Aviv court motion to block new ownership maneuvers by the Recanati family and Shimon Mizrahi regarding Maccabi Tel Aviv shares.

Maccabi Tel Aviv investor Richard Deitz issued a harsh statement criticizing Shimon Mizrahi and Udi Recanati amid an ongoing ownership and share dispute.

VR Capital Group, holding a 17.5% stake in Maccabi Tel Aviv, filed a $2.55 million lawsuit against ENDVR MTA and Guy Harel, alleging breach of contract and negligence over share transfers.

The champion and cup holder has gone through another drama, as Richard Deitz announced the exercise of his right of first refusal on the sale deal to Jason Levien. What is behind this decision? What made him angry at the other owners? And how can the legendary chairman turn things around? Ynet sorts it out.

Richard Deitz, who previously held 17.5% of the club, announced he is exercising his right of first refusal, which will increase his stake to 55.5% or potentially 62%. "Maccabi is much more than a sports club or a financial asset," he stated.