Financial Update: Fenerbahçe’s debt announced!
In the general assembly meeting of Fenerbahçe's high council, the club's debt was announced as 11 billion 466 million Turkish Lira. (350 million Euros)
The Fenerbahçe Club High Council Meeting was held.
At the beginning of the meeting held at the Fenerbahçe Faruk Ilgaz Facilities in Kalamış, a minute of silence was observed for Mustafa Kemal Atatürk, his comrades, and martyrs, and the National Anthem was recited.
Uğur Dündar, the President of the High Council, made the opening speech of the meeting, presenting the agenda for the members’ votes after reading the names of deceased and new members.
THE CLUB’S DEBT ANNOUNCED
In the Fenerbahçe Club High Council Meeting, the yellow-navy club’s debt was announced.
Speaking at the High Council meeting at the Fenerbahçe Faruk Ilgaz Facilities in Kalamış, Fenerbahçe Club Audit Committee Member Mehmet Vodina stated that the audit covered the period from June 1 to August 31, 2023.
Vodina expressed that the club’s short-term liabilities were 6 billion 389 million lira, and long-term liabilities were 5 billion 77 million lira, announcing the total debt as 11 billion 466 million lira. (350 million euros)
Mehmet Vodina stated that Fenerbahçe’s debt, announced as 8 billion 276 million lira on May 31, increased by 3 billion 190 million lira, and the total assets were 6 billion 252 million lira.
