Fenerbahçe Sports Club's total debt announced
Fenerbahçe's total debt as of May 31, 2024, has been announced. It was reported that the club has a debt of 12 billion 571 million Turkish Lira.
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Fenerbahçe Sports Club's total debt as of May 31, 2024, was announced as 12 billion 571 million Turkish Lira.
Speaking at the High Council Board meeting held at the Faruk Ilgaz Facilities in Kalamış, Fenerbahçe Club Audit Board Member Mehmet Vodina stated that the audit covered the period between June 1, 2023, and May 31, 2024.
Vodina stated that the club's short-term liabilities are 6 billion 860 million Turkish Lira and long-term liabilities are 5 billion 711 million Turkish Lira, announcing the total debt as 12 billion 571 million Turkish Lira.
Vodina noted that the club's revenues were 8 billion 318 million Turkish Lira, while its expenses were 8 billion 593 million Turkish Lira.