GALATASARAY NEWS – Galatasaray’s debt has been announced! – Last minute Galatasaray news



Galatasaray Club President Dursun Özbek stated that there is a serious interest burden on the club, and said, “If you show kindness tomorrow and authorize the projects we propose, we will be rid of the huge financial burden on the club.” said.


Speaking at the extraordinary general assembly held at the Lütfi Kırdar Congress Center Anadolu Auditorium Meeting Hall and where the yellow-red club’s 2022 budget was discussed, Özbek stated that there are many problems that need to be solved and said, “Today we are holding our budget general assembly, tomorrow we will hold our authority general assembly. There are many problems. If we Galatasaray people are together, we have the power to solve all these problems.” used the phrases.


Noting that they should put an end to the division in the club, Özbek said, “Now we have come to the days when it is necessary to leave resentments, fights and be together. Today, we want to resolve this issue by presenting our budget to our esteemed members for approval. We tried to create a budget that is as balanced as possible.” he said.


Dursun Özbek reminded that they will ask for authority on important issues at the extraordinary general assembly tomorrow, and said:


There is a serious interest burden on our club. If you show your favor and authorize the projects we propose tomorrow, we will be freed from the big financial burden on the club. Thus, we will achieve a truly balanced budget. Our most important goal will be to leave a Galatasaray that everyone will be proud of tomorrow to our children and grandchildren. For this, we must turn our Galatasaray into a sports club that is strong, has sustainable sporting success, and competes in every branch. For this, we need your support more than ever.


CLUB DEBT ANNOUNCED


After Dursun Özbek’s speech, board member Levent Yaz made a presentation on the 2022 budget draft. Noting that the yellow-red club and its subsidiaries have a financial debt of 2.7 billion liras as of May 31, 2022, Yaz said that they need to reduce their debts quickly to get rid of the interest burden.


In the presentation, the 2022 budget draft of the Galatasaray Sports Club Association was stated as 261 million 764 thousand 479 liras in revenue and 837 million 464 thousand 214 liras in expenditure. The meeting was followed by discussions on the budget draft.





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