Why do businesspeople buy sports teams?

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▤ Summary

This article explains why business leaders buy sports teams even when the teams lose money. It shows how ownership can deliver brand exposure, tax efficiency, regulator access, and real estate upside. The piece uses Rapyd CEO Arik Shtilman's move into Maccabi Tel Aviv basketball as a key example. It also compares Israeli club economics with the much larger commercial returns seen in major U.S. sports leagues. The core message is that sports ownership can function as a strategic business asset rather than a pure passion purchase.

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industries
Fintech & Banking
applications
E-Commerce & Retail

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Fintech Payment Processing Software Embedded Financial Services

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