Galatasaray Annual Ordinary General Assembly Meeting Held
At the meeting held at the Haliç Congress Center, the club's financial and administrative reports were discussed, and President Dursun Özbek and his administration were absolved.
At Galatasaray Sports Club's annual ordinary general assembly meeting, the total debt of the club and its affiliates was announced as 31.4 billion TL, and the management was absolved.
Details of the General Assembly Meeting
Galatasaray Sports Club's annual ordinary general assembly meeting was held at the Haliç Congress Center Haliç Auditorium. Eşref Alaçayır was elected as the chairman of the council.
Activity Report and Absolution Process
At the general assembly, the activity report covering the period between June 1, 2025, and May 31, 2026, was presented to the members and discussions began. Separate absolution votes were held for the board of directors and the board of auditors.
President Dursun Özbek and his management were absolved by majority vote of the general assembly members for their activities during the specified period.
Financial Situation and Debt Announcement
Galatasaray Club President Dursun Özbek shared detailed information about the club's financial situation and presented a numerical breakdown of the total liabilities.
The total liability of the club and its affiliates as of May 31, 2026, was announced as 31 billion 373 million 518 thousand 946 liras.
Assets and Equity Status
The club president stated that total assets were at the level of 47 billion liras, which is 885 million euros, and total liabilities were 31.4 billion liras.
It was stated that total assets were 15.6 billion liras more than total liabilities, and this amount was recorded as consolidated equity.