Financial statements for Beşiktaş, Fenerbahçe, Galatasaray and Trabzonspor covering the May 2026–May 2025 period show that the four clubs’ total debt reached 85 billion liras as of May 31. At the end of July, this amount was calculated at the equivalent of 1.6 billion euros at the prevailing exchange rate.
According to the financial reports, the four clubs’ combined operating loss during the same period reached 24 billion liras. Galatasaray was the only one of the four biggest clubs to report a net profit.
Galatasaray was the only club to report a profit
Galatasaray’s main sources of revenue consisted of broadcasting income from official and friendly matches, television broadcasting income, jersey and other advertising revenue, naming rights, sponsorships and stadium income. The club’s revenue reached 20.7 billion liras, while its operating loss was recorded at 3.3 billion liras.
The red-and-yellow club’s total assets rose to 43.8 billion liras, while its total debt fell to 26.7 billion liras. Galatasaray ended the period with a net profit of 608.6 million liras.
Fenerbahçe reports a 4.2 billion-lira loss
Fenerbahçe’s revenue, consisting of broadcasting income, licensed merchandise, sponsorships, advertising, ticket sales, executive box income, naming rights and player-loan income, reached 13.6 billion liras. The club’s operating loss reached 8.8 billion liras, while its total assets fell to 30.9 billion liras.
Fenerbahçe’s total debt was recorded at 23.9 billion liras. The yellow-and-navy club reported a net loss of 4.2 billion liras during the same period.
Trabzonspor and Beşiktaş report financial results
Trabzonspor generated 4 billion liras in revenue. The Bordeaux-and-blue club’s operating loss reached 4.2 billion liras, while its total assets rose to 23.6 billion liras and its total debt fell to 11.4 billion liras.
Trabzonspor ended the period with a net loss of approximately 1 billion 983.2 million liras.
Beşiktaş generated 7.03 billion liras in revenue. The black-and-white club’s operating loss was 7.7 billion liras, its total assets were 26.6 billion liras and its total debt was announced as 23 billion liras.
Beşiktaş reported a net loss of approximately 1 billion 332.1 million liras during the same period.
