Home » Sport » Galatasaray Club Deputy President Erden Timur: Success of the Team and Financial Future at the General Assembly

Galatasaray Club Deputy President Erden Timur: Success of the Team and Financial Future at the General Assembly

Galatasaray Club Deputy President Erden Timur made statements at the general assembly. The highlights of Erden Timur’s statements, who spoke about the success of the team and the financial future of the club at the annual ordinary financial general assembly meeting held at the Haliç Congress Center, are as follows:

“OUR INCOME IN A YEAR IS 216 MILLION EUROS”

“We have a total income of 216 million 845 thousand euros in a year. These figures may change due to the fluctuation in the exchange rate. There is no other way other than increasing the income. Even though there was a champion team last year, the income was low. Galatasaray has a great potential. To be able to evaluate this What have you produced with your own added value? I am always held responsible for the expenses. I am not just doing anything related to Galatasaray’s football. I have been dealing with sponsorships, season tickets and ticketing for the last 3 months. I am interested in the entire project process of the Florya project. I am responsible for all the construction works of Kemerburgaz, the Ada. “I am dealing with all the construction works of Mecidiyeköy. I apologize for having to say this.”

“ZIYECH AGREED WITH PSG”

“Hakim Ziyech, whom we acquired, had signed an agreement with PSG during the winter transfer period. He could not sign at the last second because his documents were not received. I would like to thank the entire scout team for the transfers. There is a significant positive difference between what we paid for transfers and what we earned. At the same time, Mustafa Muhammed’s help in the transfer “Part of the money was paid during our period. When Sacha Boey was sold, I hope he stays with us forever, but the great profit there is the success of the old management. Same with Nelsson. I wish all managements would come out and say this.”

“WE ARE COMPETING IN DIFFICULT CONDITIONS IN EUROPE”

“We are competing with the teams we compete with in Europe under very difficult conditions. The exchange rate has increased significantly. Due to the entry of Saudis into the market, the average broadcasting revenue of the teams we compete with is 120-130 million euros. We are trying to compete with 9 million euros. Newcastle United’s broadcasting revenue is 146 million euros. “The income of Everton, which does not play in Europe, is 165 million euros, and this team remained in the Premier League in the last match. The income we earn can go much higher by increasing many items.”

2023-10-14 11:32:36
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