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Join date: Nov 8, 2025

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May 18, 20192 min
Turkish Football Was in Debt...And Turkish Football Clubs Lost Their Financial Health
According to Tuğrul Akşar's statement, Turkish football was in debt, therefore, these clubs lost their financial health. The most important deficiency of Turkish football is the lack of corparate governance which is the reason that Turkish football clubs are not well managed and controlled... We share the explanations of Tuğrul Akşar below. The total debts of Turkish football clubs have reached TL 14.5 billion (approximately $ 3 Billion). The total revenues of the clubs are TL 3.5...

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Feb 1, 20165 min
Debt-laden Turkish soccer clubs pay the price of ambition
Reuters, By Asli Kandemir and Ceyda Caglayan , February 2, 2016 * Galatasaray could face UEFA ban over finances, * Overspending, big egos at clubs fuel spiral of debt * Soccer drive echoes Turkey's wider global ambitions * Government plans new regulation to oversee spending Ambitions to secure a place at international soccer's top table have come at a high cost for Turkey's leading clubs, which are now struggling to navigate a sea of debt after years of heavy spending. Galatasaray, one of...

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May 26, 20147 min
What can companies learn from Football Clubs?
Mehmet Sezgin- 27 Mayıs 2014 A lot to improve performance. Yet not much to fill books, as at the end, it boils down the two things: 1. Unite everybody around the same and simple objective, 2. Find the best talent for the required position. 1. Unite everybody around the and simple objective: What is the objective of each team? Winning and becoming champion of a Cup. So much that the word “goal” is embedded with football. The ultimate objective is to score more goals than your competition and...

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Oct 9, 20135 min
Turkish soccer’s financial crisis potentially sharpens political divide
By James M. Dorsey- 10 October 2013 Financially stressed Turkish soccer clubs are becoming pawns in the political struggle between Prime Minister Recep Tayyip Erdogan and militant soccer fans who rank prominently among his detractors as soccer pitches and university campuses emerge as major battlefields between the government and its detractors. Critics of Mr. Erdogan charge that the prime minister is seeking to enlist clubs in much the same carrot-and-stick way that he tamed the media by...

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