Maccabi Tel Aviv basketball club has announced the passing of one of its owners, David Federman, who died at home this morning surrounded by his wife and children. Federman was a significant figure in the club's management for over three decades and played an essential role in the team's success, including its EuroLeague championship win and multiple Israeli league titles.

EuroLeague president Dejan Bodiroga expressed deep condolences, highlighting Federman's impactful vision and unwavering dedication to Maccabi, which contributed to making it one of the most respected organizations in European basketball. Bodiroga acknowledged Federman's influence not only within Maccabi but also on the entire Israeli and European basketball scenes, amplifying the sport's growth and strength across the continent.

Federman's academic background in economics complemented his role in transforming the club and fostering its achievements. His legacy will continue to inspire many within the basketball community, and Maccabi Tel Aviv will undoubtedly strive to honor his memory in its future endeavors and successes in the sport.