Mitch Goldhar (right), Martin Bain (left).
(photo credit: MACCABI TEL AVIV WEBSITE)
Maccabi Tel Aviv owner Mitch Goldhar unveiled Martin Bain as the club’s new CEO on Sunday, two months after Jack Angelides surprisingly stepped down following five years at the helm.
Angelides joined Greek club PAOK Thessaloniki as president and CEO, leaving a big void after being in charge of the daily running of the club since Jewish-Canadian billionaire Goldhar bought Maccabi five years ago.
Glasgow-native Bain, 46, was the CEO of Scottish powerhouse Rangers between 2005 and 2011, having been at the club since 1996 and a board member from September 2001.
Following the sale of Rangers by the majority shareholder Sir David Murray to Craig Whyte, Bain was suspended by the new owner due to his refusal to agree to the deal. He resigned in June 2011.
A year later, the club had to go into liquidation because of its disastrous financial running.
While Bain was criticized by some for his role in the club’s demise, most of the blame was directed at others, with the likes of former manager Walter Smith praising his contribution to the success of the club.
“Martin has done a fantastic job to try to make sure the football side of things was kept at as high a level as he possibly could keep it. He deserves a great deal of credit for making sure that happened,” Smith noted.
Bain said on Sunday that he was impressed by Goldhar’s vision for Maccabi.
“There are similarities between this club and the club that I was at in the term of history,” explained Bain during a press conference in Maccabi’s training complex at Kiryat Shalom.
“Mitch’s aspirations for the football club are to succeed, to win and obviously compete in Europe on a regular basis. I see no reason why we can’t build on the success the club has already had.”