Mustafa Cengiz, who won the race he entered with Dursun Özbek on January 20, 2018, became the 37th president of Galatasaray.
Cengiz, who has been in office for over 2.5 years, and his management announced the club’s total debt.
Galatasaray Vice President Yusuf Günay said in the broadcast he participated in EkoTürk that they have lowered their debts since they took office.
DEBT 2 BILLION 119 MILLION LIRA
Günay stated that Galatasaray’s current debt was reduced from 290 million euros (2 billion 626 million liras) to 234 million euros (2 billion 119 million liras) and stated that they made a payment of approximately 500 million.
Günay said that they worked hard and planned as a management, and that they made a profit in amateur branches, especially during the pandemic period.
Yellow-red manager, “As Galatasaray, we have 2.7 million TL in profit in our amateur branches in the January – June period.” said.