Flash response from Fenerbahce to ex-president Aziz Yildirim! Numbers don’t lie

taketonews



Erol Bilecik, Deputy Chairman of Fenerbahçe, responded to the statements of Aziz Yıldırım, who held a press conference during the week. Bilecik also announced the total debt of the yellow-dark blue team during the presidency of Aziz Yıldırım.


Erol Bilecik shared the following statements on his Twitter account:


“I watched with sadness the statements made by the former president of our club, Mr. Aziz Yıldırım, by mentioning my name and our former esteemed manager on financial matters.


When we took office in May’18, my financial reports were prepared and not consolidated according to international financial reporting standards, while the independent audit was only performed by Futbol A.Ş., which is required by law. was done in-house. In summary, our members were not provided with the necessary information on financial matters, and they were not reported in the necessary criteria, and there was no independent institution that audited this!


As you can see in the image below, made by the independent audit firm Ernst & Young (EY); You can view the consolidated financial statements of the Fenerbahçe Sports Club Association for the year ended 31 May 2018 and the debt table clarified in the Independent Auditor’s report in detail below.



In summary:

Short-Term Liabilities: 1,2023.832.512 TL

Long-Term Liabilities: TL 1,980,327,258

Total Liabilities: 3,184,159,770 TL


31.05.2028 Euro Rate: 5,2064

Total Liabilities: 611,585,696 Euros


Dear Fenerbahce fans,


Numbers don’t lie! I shared 612 million Euros with you. With the same audit discipline and despite all kinds of negative conditions, this debt was reduced to 386 million Euros on 31 December 2022.


I invite Mr. Aziz Yıldırım to see the facts.











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