 Following the administrative crisis which engulfed Rangers subsequently, during an SFA tribunal in May 2012 it transpired that Bain presented diligence to Sir David Murray at the time of the sale that proved his stance at the time of the takeover to be the correct one.Bain was appointed chief executive of Israeli club Maccabi Tel-Aviv in September 2014.During his time in Israel, the club won the domestic treble in 2015 and qualified for the Champions League.