Date set for Fenerbahçe's Ordinary Elective General Assembly Meeting

Fenerbahçe has announced that its Ordinary Elective General Assembly Meeting will be held on May 30-31, or on June 8-9 without a quorum requirement if the necessary majority is not reached in the first meeting.

It was stated that 46,410 members are eligible to participate in the general assembly, and candidacy applications can be submitted until 18:00 on May 23.

Fenerbahçe provided written information regarding the Ordinary Elective General Assembly Meeting on its official website. The statement from the yellow-navy club included the following:

"Our club's Ordinary Elective General Assembly Meeting will be held on May 30-31, 2024, at 10:00, at the Ülker Stadium Fenerbahçe Şükrü Saracoğlu Sports Complex, Kadıköy, Istanbul, to discuss the agenda items specified below. If the necessary majority is not reached in the first meeting, the General Assembly will convene on June 8-9, 2024, at the same place and time, with the same agenda, without a quorum requirement. The total number of members eligible to participate in the general assembly is 46,410.

In accordance with the second and third paragraphs of Article 28 of our Statute, candidacy applications for the Chairman of the Board and Members, as well as other boards, can be submitted until 18:00 on May 23, 2024."

The items on the agenda are as follows:

Day 1 (Thursday, 30.05.2024 or Saturday, 08.06.2024)

- Reading of the Board of Directors' Activity Report for the financial periods of 01.01.2023 - 31.05.2023 and 01.06.2023 - 29.02.2024,

- Reading of the Audit Board Report for the financial periods of 01.01.2023 - 31.05.2023 and 01.06.2023 - 29.02.2024,

- Submitting the acquittal of the current Chairman and Members of the Board of Directors for their activities during the financial periods of 01.01.2023 - 31.05.2023 and 01.06.2023 - 29.02.2024 to the vote of our General Assembly members separately for each period,

- Submitting the acquittal of the current Audit Board for their activities during the financial periods of 01.01.2023 - 31.05.2023 and 01.06.2023 - 29.02.2024 to the vote of our General Assembly members separately for each period,

- Reading of the 01.06.2024 - 31.05.2025 Budget and submitting it to the vote of our General Assembly members for approval,

- Submitting the selection of the independent audit firm that will undertake the audit in financial matters according to independent audit standards to the vote of the General Assembly,

- Granting authorization to the newly formed Board of Directors until the end of its term regarding the election of Turkish Football Federation delegates and delegates of other federations, as well as other matters,

- Granting authorization to the newly formed Board of Directors until the end of its term regarding the sale/purchase of real estate in line with the club's purpose, leasing or allocating real estate owned or used by the club to third parties, entering into operation and partnership agreements related to these properties, establishing real or personal rights and obligations on these properties, and other matters permitted by relevant legislation,

- Granting authorization to the newly formed Board of Directors until the end of its term for investments and facilities to be made on real estate owned or used by the club, or on land or plots allocated to the club through long-term leasing or the establishment of easement rights, etc.,

- Granting authorization to the newly formed Board of Directors until the end of its term regarding the establishment of commercial enterprises, companies, cooperatives, associations, or foundations domestically and abroad, or participating in or withdrawing from established ones, buying and selling shares, evaluating shares belonging to companies founded by or partnered with the club through public offering or other means within the forms and conditions stipulated by law, selling and/or repurchasing shares, changing the type of companies, or liquidation,

- Discussing the expulsion decisions of Yakup Alıcı, Faruk Karaoğlu, and Mehmet Beyazıt Boran, who were expelled from club membership, and submitting the approval or removal of these expulsion decisions to the vote of our General Assembly members separately,

- Election of the Chairmen and Members of the Ballot Committees,

- Closing of the First Day.

Day 2 (Friday, 31.05.2024 or Sunday, 09.06.2024)

- Elections,

a. Election of the Chairman of the Board and the full and substitute members of the Board of Directors,

b. Election of the full and substitute members of the Audit Board,

c. Election of the full and substitute members of the Disciplinary Board,

d. Election of the full and substitute members of the Registry Board,

e. Election of the full and substitute members of the Ballot Board,

f. Election of the full and substitute members of the History, Museum, and Archive Board,

- Announcement of Election Results."

News Source: 12punto