DECEMBER 21, 2007

Shnaider buying into soccer

There are reports that former F1 team owner Alex Shnaider si bidding to acquire for the Israeli football team Maccabi Tel Aviv.

There are reports that former F1 team owner Alex Shnaider si bidding to acquire for the Israeli football team Maccabi Tel Aviv. The Canadian-domiciled Russian is reported to bid around $15m to acquire an 80% of the team which has won the Israeli championship 19 times and has also competed in the lucrative European Champions League competition.