Recording Filed in Maccabi Tel Aviv Basketball Shareholder Dispute

The ownership dispute

Udi Recanati and his son Shai hold a combined 58% controlling interest in the club, according to the report. The recording and transcript document a recent conversation between Recanati and an organizer of a fan protest against the Recanati family’s business and management decisions. They were submitted to the court during the week in proceedings seeking the appointment of an arbitrator.

Claims about the Federman era

Recanati discussed the end of a 26-year partnership with the Federman family and criticized former club chief executive Dani Federman’s management. He alleged that management decisions had been made “under the table” and “behind the back,” while saying he had been very close to Dani’s late father, David Federman. The Federman family responded that its name and that of David Federman were being harmed and said it should not be drawn into the current ownership events.

Budget and prospective investors

Recanati said the club’s cost for the year was $31.8 million and claimed the Federman family had opposed increasing its budget. He also described sponsor Eyal Waldman—identified in the source as Rapyd founder Arik Shtilman, who sought to acquire a club stake—as too aggressive and unsuitable as a sponsor. Recanati spoke favorably about Jason Levien, a former Memphis Grizzlies chief executive whom he wants to bring into the club, emphasizing Levien’s connection to Israel.

What the court has—and has not—done

The reported procedural step is the filing of the recording and transcript in the Tel Aviv District Court in support of a request to appoint an arbitrator. The source gives no case number, filing date, statutory basis or judicial decision. It therefore does not establish that the court accepted the allegations in the recording or ordered arbitration.

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