Fenerbahce Club Deputy Chairman Erol Bilecik said, “Those who say what they want, hear what they don’t. By going on the screen and saying ‘we are big’ in front of the microphone, one does not become a big club. There must be numbers that support this. The numbers are out there.” said.
Fethi Pekin, member of the board of directors in charge of law of Fenerbahçe Sports Club, who gave information about the bylaws at the meeting of the Fenerbahçe High Council Board held at the Faruk Ilgaz Facilities in Kalamış, stated that the sports clubs in Turkey were struggling with financial problems, and that the main reason for this was income-expenditure. He said that there are negativities caused by the pens and that this has brought the clubs to the spiral of extinction.
Reminding that with a new law enacted on April 26, 2022 in Turkey, sports clubs gained legal personality with the registration of the Ministry of Youth and Sports, Beijing said that this law allowed the clubs to review their financial structures, audit mechanisms were established and budget expenditure principles were introduced.
Noting that they have prepared a new regulation and that they should present it by April 26, 2023, Pekin said, “In the face of all these developments and changes, it was unthinkable for Fenerbahçe to remain indifferent to the changes with its current regulation. We have been carrying out intensive studies since 2018. We have prepared a draft, the road We have created a map. We plan to present it for your information and examination. Our aim is to receive your support and ideas, to finalize our bylaws in accordance with the requirements of the time and to produce a text that meets the needs of our club.” he said.
Fenerbahçe’s UEFA income is 12 million 953 thousand liras.
Providing information about the financial situation of the club, Fenerbahçe Sports Club Deputy Chairman Erol Bilecik said, “Those who say what they want, hear what they don’t. It is not a big club to go on the screen and say ‘we are big’ in front of the microphone. There must be numbers that support this. The numbers are there. With the unmatched support of Fenerbahçe fans, it is very difficult for them to keep us no matter what they do. I think it will be a difficult year. It will be a season to be proud of.” used the phrases.
Bilecik pointed out that there were very small differences when looking at the income and expenses of the club in the periods of January 1 and June 30, 2022, and said that there was a significant decrease in the expenses of athletes and technical staff compared to the budget.
Bilecik, who announced that the UEFA income of the football team, which succeeded in the top 16 in the Europa League, is 12 million 953 thousand liras, said that Fenerbahçe’s 1 billion 379 million, Galatasaray 1 billion 546 million, Beşiktaş 961 million and Trabzonspor’s. He stated that 879 million TL is within the team spending limits.
“Next season, the sum of the principal plus interests in the debt is 1 billion liras”
Stating that Fenerbahçe Football Team’s market value has doubled compared to April 2020, and membership revenues have increased, Becek said that claims revenues have decreased due to the exchange rate difference.
Stating that they made interest payments excluding the principal after the restructuring and that 55 million lira has been paid to date, Bilecik also pointed out that all clubs will have difficulties in the next season, and said:
“Our club’s debt for the 2023-24 season, the capital plus interest, totals 1 billion liras. It’s almost above our 6-month incomes. This picture is unfortunately the reality of life. It stands before us as a season that is quite complicated and not easy to manage. I would like to say that it is not easy, but I hope we will overcome it with his hand, good financial discipline and the help of our state.”