Besiktas, Galatasaray, Fenerbahce and Trabzonspor: Combined debt hits $1.3B

The total fiscal liabilities of Türkiye's "Big Four" football clubs—Besiktas, Galatasaray, Fenerbahce and Trabzonspor—reached ₺47.9 billion ($1.3 billion) as of Aug. 31, according to balance sheets disclosed on the Turkish public disclosure platform (KAP).

Galatasaray takes the lead in debts

According to the balance sheets, Besiktas' fiscal liabilities amount to ₺10.4 billion. The club reported a deficit of ₺153 million.

Arthur Masuaku ofBesiktasin action against David Datro Fofana of Goztepe during the Turkish Super Lig week 13 football match betweenBesiktasand Goztepe at Tupras Stadium in Istanbul, Türkiye on Nov. 24, 2024. (AA Photo)

Among the Big Four, Galatasaray topped the fiscal debts of 14.2 billion, even though this amount decreased by ₺122.9 million in profit during one year.

Victor Osimhen of Galatasaray reacts during the Turkish Super Lig 13th week match between Sipay Bodrum FK and Galatasaray at Grey Beton Bodrum Stadium in Mugla, Türkiye on Nov. 23, 2024. (AA Photo)

Fenerbahce indicated its liabilities at ₺13 billion, with ₺616.2 million profit which is the top among the four clubs.

Head coach of Fenerbahce Jose Mourinho gives tactics during the Turkish Super Lig 13th week match between Bellona Kayserispor and Fenerbahce at RGH EnerTurk Enerji Stadium in Kayseri, Türkiye on Nov. 23, 2024 (AA Photo)

Dusan Tadic (R) of Fenerbahce in action during the Turkish Super Lig 13th week match between Bellona Kayserispor and Fenerbahce at RGH EnerTurk Enerji Stadium in Kayseri, Turkiye on Nov. 23, 2024. (AA Photo)

Trabzonspor recorded the highest fiscal deficit of ₺321.5 million during the period, as total debts reached ₺10.3 billion.

Trabzonspor players celebrate Edin Visca for his 100th in the Turkish Super League against Caykur Rizespor, in Rize, Türkiye, on Nov. 9, 2024. (AA Photo)

November 29, 2024 08:39 AM GMT+03:00