Financial and Sporting Statements from Galatasaray President Dursun Özbek
Speaking at Galatasaray's general assembly, Dursun Özbek shared detailed information about the club's UEFA revenues, record revenue figures, and financial developments in the Florya project.
Speaking at the Galatasaray Sports Club Annual Ordinary General Assembly Meeting, President Dursun Özbek announced important figures regarding the club's financial status and achieved sporting revenues.
UEFA and Retail Revenues
Galatasaray President Dursun Özbek announced that they generated a total revenue of 63 million euros from UEFA thanks to their Champions League performance. In the retail sector, it was announced that a record was broken with a turnover of 126 million euros and the sale of 1.1 million jerseys.
Stating that seasonal ticket, suite, VIP, and ticket sales revenues reached 101 million euros, Özbek emphasized that sponsorship revenues have risen to the level of 109 million euros over the last 4 years.
Florya Project and Loan Repayment
Stating that an advance payment of 50 million dollars was received from the Florya project, Dursun Özbek expressed that thanks to this, the Banks Association loan was completely paid off.
It was among the information shared at the general assembly that the project in question is expected to provide the club with a net return of at least 300 million dollars.
Squad Value and Balance Sheet Figures
It was announced that the value of the club's football player portfolio was raised to the level of 366 million euros, and a club record was broken with a consolidated revenue of 23.8 billion liras.
According to the statements made, it was expressed that total assets amounted to 47 billion liras, while liabilities stood at 31.4 billion liras.