Galatasaray President Özbek Makes Financial and Sporting Success Statements
While the board of directors' activities were absolved at Galatasaray's annual ordinary general assembly, President Dursun Özbek defended financial successes and investments.
At the annual ordinary general assembly meeting of the Galatasaray Sports Club held at the Haliç Congress Center, the periodic activities of the board of directors were absolved by a majority vote, and President Dursun Özbek shared the club's financial data and projects.
General Assembly and Absolution Process
The annual ordinary general assembly meeting of the Galatasaray Sports Club was organized with broad participation at the Haliç Congress Center.
At the meeting, the activities of the board of directors for the period between June 1, 2025, and May 31, 2026, were absolved by the majority vote of the members.
Financial Records and Revenues
Club President Dursun Özbek announced that an income of 63 million euros was generated last season following the success achieved in the Champions League.
It was announced that a club record was broken by achieving a consolidated revenue of 480 million euros in the 2025-2026 season.
It was stated that the retail merchandising turnover reached a net turnover of 126 million euros and the EBITDA figure, excluding inflation accounting, was plus 748 million TL.
Criticisms Regarding Facility Projects
President Özbek responded to the criticisms directed at him, emphasizing the necessity of the Kemerburgaz, academy, and Aslantepe projects.
Defending the facility investments, Özbek stated that they could not possibly have the mindset of not constructing the structures required for operating as a sports club.
Player Portfolio and Debt Structure
It was noted that the value of the player portfolio whose transfer rights belong to the club has increased from 113 million euros to 366 million euros since they took office in 2022.
It was conveyed that Sportif AŞ's debts grew not due to the principal amount but because of interest from past periods, and a legal basis is being sought for the liquidation of this debt.
Future Goals and UEFA Contacts
It was reported that in line with championship targets, the squad will be preserved this season and potential player sales have been postponed until after the 27th championship.
Özbek stated that he met with UEFA President Aleksander Ceferin at the European Club Association meeting and that Ceferin appreciated the investments in facilities and team building.