Turkish football clubs report combined debts exceeding 108 billion TL

Turkish football clubs financial reports club debt net profit KAP

Financial reports released via the Public Disclosure Platform (KAP) for the period of June 1 to August 31, 2026, reveal a complex economic landscape for Turkey’s four major football clubs. The combined debt of Beşiktaş, Fenerbahçe, Galatasaray, and Trabzonspor has exceeded 108 billion TL.

Galatasaray holds the highest total debt at 34.82 billion TL, followed by Fenerbahçe with 31.1 billion TL, Beşiktaş with 27.95 billion TL, and Trabzonspor with 14.23 billion TL. Beşiktaş carries the highest debt relative to its annual income, with its debt being 2.28 times its revenue.

In terms of profitability, Fenerbahçe reported a net profit of over 1.4 billion TL, a significant increase from the previous year. Galatasaray reported a net profit of 116.1 million TL, and Trabzonspor transitioned from a loss to a net profit of approximately 871 million TL. Conversely, Beşiktaş reported a net loss exceeding 1 billion TL.

Trabzonspor’s financial position shows a net debt of 2.9 billion TL after accounting for 6.7 billion TL in current assets, 4.9 billion TL in expropriation receivables, and 2.6 billion TL in other receivables. The club's total assets rose to 27.8 billion TL during this period.

Entities

Besiktas · Ertuğrul Doğan · Fenerbahçe · Galatasaray · Public Disclosure Platform · Trabzonspor

Claims

What the coverage asserts, and how many sources carry each claim.

[● 2 SOURCES] The net debt calculation includes the deduction of 6.7 billion TL in current assets. www.cumhuriyet.com.tr · www.karar.com
[○ 1 SOURCE] Trabzonspor's total assets rose to 27.833 billion TL as of August 31, 2026. www.61saat.com
[○ 1 SOURCE] Current assets reached 6.784 billion TL during the reporting period. www.61saat.com
[● 3 SOURCES] The club's net debt is 2.9 billion TL as of August 31, 2026. www.61saat.com · www.cumhuriyet.com.tr · www.karar.com
[● 2 SOURCES] A total of 4.9 billion TL in expropriation receivables was deducted from total debts. www.cumhuriyet.com.tr · www.karar.com
[○ 1 SOURCE] Future transfer fee obligations are included in the debt calculations. www.61saat.com
[○ 1 SOURCE] Short-term liabilities increased to 9.941 billion TL. www.61saat.com
[● 2 SOURCES] The net debt calculation accounts for 1.8 billion TL in inflation accounting items that do not require cash outflow. www.cumhuriyet.com.tr · www.karar.com