Extraordinary financial general assembly decision at Fenerbahçe

In a statement made by the yellow-navy club, it was stated that the extraordinary financial general assembly will begin at 10:30 AM on the specified dates at the Ülker Sports and Event Hall.

It was reported that 50 thousand 250 members have the right to participate in the general assembly.

The items to be voted on at the extraordinary financial general assembly are as follows:

- Granting the Board of Directors authority until the end of their term to acquire real estate (leasing, purchasing, allocation, usufruct, and easement rights) from public institutions and organizations and/or third parties to be used in line with the club's objectives.

- Granting the Board of Directors authority until the end of their term to carry out all kinds of transactions, including revenue sharing, commitments, and sales based on similar methods, with Emlak Konut GYO A.Ş. regarding the real estate located at Istanbul province, Ataşehir district, Kayışdağı neighborhood, block 1845, parcel 18, and the real estate located at Istanbul province, Ataşehir district, Küçükbakkalköy neighborhood, block 3343, parcel 12, in line with the club's objectives and interests.

- Granting the Board of Directors authority until the end of their term to lease real estate owned by or under the usage rights of the club to third parties for short or long terms, to establish easement and usufruct rights, to allocate, to enter into operating and partnership agreements regarding these properties, to establish real or personal rights and obligations on these immovable properties, and to act on other matters permitted by relevant legislation.

- Granting the Board of Directors authority until the end of their term to carry out/have carried out all kinds of transactions, including investments, facilities, plans, projects, and renovations, on real estate owned by or under the usage rights of the club.

- Granting the Board of Directors authority until the end of their term to establish commercial enterprises, companies, cooperatives, associations, or foundations domestically and abroad, or to join or withdraw from existing ones, to acquire or transfer shares, to evaluate shares belonging to companies established or co-owned by the club through public offerings or other means as prescribed by law, to increase capital when necessary, to transfer and/or repurchase shares, and to change the type or liquidate companies.

The last 3 items to be voted on at the extraordinary financial general assembly were rejected at the extraordinary elective general assembly.

News Source: 12punto