Hapoel Tel Aviv has made changes to its ownership and management structure, with Ofer Yanai significantly reducing his stake and role in the club.
Specifically, Yanay Sports, the company that holds 81% of the team’s shares, announced a new ownership structure. Yanay, who until now had played a leading role, is reducing his stake to 40% of Yanay Sports, while Gili Raanan, Miki Malka, and Alan Howard will each acquire 20%.
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This change is expected to be reflected in the team’s management as well, as the three new shareholders will now play a more active role in the decision-making process. The day-to-day operations of the club will be handled by the new president, Stav Saham, who will act on behalf of all shareholders.
Yanai himself explained that his decision to limit his involvement is due to his professional obligations as CEO of Nofar Energy, which no longer allow him to maintain the same day-to-day presence at the club.
“My role as CEO of Nofar Energy no longer allows me to participate in day-to-day management as I did in the past,” he noted, emphasizing that Saham has now been tasked with leading the club’s administrative operations.
For his part, the new chairman emphasized that his primary responsibility is to coordinate with shareholders and ensure that decisions are made with a shared vision and in Hapoel’s best interests.
At the same time, he emphasized the team’s relationship with its fans, noting that, beyond high athletic aspirations, the goal is to build a stable and successful club with strong ties to its community and fan base.
*photo source: hapoelbc.com
