Even Worse News for Maccabi

by October 20, 2009
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Forget Pini Gershon’s outburst Sunday night. This is truly gruesome news for the Maccabi franchise: “Moni Fanan, the former manager and vice chairman of Maccabi Tel Aviv basketball club, hanged himself in his North Tel Aviv apartment yesterday. Individuals close to Fanan said they believe he had invested large sums of money for other Israeli sports figures in a “gray market” company, and when that firm went bust, the legendary manager decided to end his life. Fanan is estimated to have accumulated debts of up to $20 million.”