Maccabi team chairman: Moni Fanan allegations despicable

Maccabi chief Moni Fana

October 22, 2009 19:04

Maccabi Tel Aviv basketball team chairman Shimon Mizrahi on Thursday dismissed claims that Maccabi players invested money in a private fund managed by former team manager Moni Fanan, who committed suicide on Monday. Mizrahi said attempts to tie Maccabi players to Fanan's failed business dealings were "despicable", and called on the media to stop fueling such allegations. After Fanan's death, it emerged that a fund in which he had recruited a number of investors had failed, and that the former coach was in a great deal of debt.

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