Turkish football fell into negative territory again in signings!

In the seven months of this year, Turkish football clubs recorded expenses of $94 million against income of $54 million from “transfers of footballers abroad”, and the resulting deficit was $40 million.

This year, all football clubs, especially the so-called “big four” Galatasaray, Fenerbahçe, Beşiktaş and Trabzonspor, left behind an active transfer season. While important football players within clubs were transferred to other clubs in various countries around the world, many important football players were also transferred domestically.

According to information compiled by AA correspondent from data from the Central Bank of the Republic of Turkey (CBRT), until July this year, clubs earned $54 million in transfer income, while a deficit of 40 million dollars with 94 million dollars in expenses.

70 MILLION DOLLARS MORE BETWEEN 2018-2022

During the period 2018-2022, the financial evolution of player transfers by clubs followed a fluctuating course.

In this context, the clubs obtained net income of 107 million dollars in 2018, but made a net expense of 38 million dollars. Thus, in that year a net surplus of 69 million dollars was achieved.

The following year, against a net income of $121 million, a net expense of $70 million was recorded and a net surplus of $51 million was created.

Starting in 2020, clubs began to have a deficit in signings. In that year, although there was a net expense of $13 million compared to a net income of $5 million, the resulting deficit was recorded at $8 million.

Although income from foreign transfers was recorded in 2021 for 20 million dollars and expenses for 60 million dollars, a deficit of 40 million dollars was created.

Last year saw a net expense of $82 million against a net income of $80 million, resulting in a net deficit of $2 million.

Thus, while in the years 2018-2022, 333 million dollars in transfer income were obtained, there was a transfer fee of 263 million dollars. Thus, during this period a net surplus of 70 million dollars was achieved in foreign transfer expenses.

If the period January-July 2023 is included, income of $387 million has been generated from the sales of footballers on transfer abroad since 2018, while an expense of $357 million has occurred. Thus, during the period in question, the clubs obtained a net surplus of 30 million dollars from player transfers.

FEATURED TRANSFERS OF THIS SEASON

According to communications made to the Public Disclosure Platform (KAP) by the clubs whose shares are listed on the Borsa Istanbul, Fenerbahçe announced that Arda Güler was transferred to Real Madrid for a fee of 20 million euros. It was announced that Attila Szalai was transferred to Hoffenheim with a contract termination payment of 12.3 million euros.

Fenerbahçe will pay 9 million 743 thousand 589 euros to Manchester United for their new transfer Fred, and 15 million euros to Olimpik Marseille for Cengiz Ünder.

A purchase option was used on the Galatasaray footballer Mustafa Muhammed by the French club Nantes, where he plays on loan, with a net payment of 5 million 750 thousand euros.

An agreement was reached to pay a figure of 10 million euros to his club Paris Saint Germain (PSG) for the Argentine star Mauro Icardi, who was on loan at Galatasaray last season.

Davinson Sánchez also attracted attention since Galatasaray was transferred from Tottenham for 9.5 million euros.

Beşiktaş also announced that Romain Saiss reached an agreement with the Al-Sadd team for a guarantee of 2.5 million euros and a conditional remuneration of 300 thousand euros.

The club will pay 5 million 250 thousand euros to Norwich City for Milot Rashica and 4 million 37 thousand 500 euros to RC Lens for Jean Onana.

TABLES

Some of the footballer transfers notified to KAP this year are the following:

According to CBRT data, the net balance of income and expenses from foreign transfers (millions of dollars) in the period July 2018-2023 is as follows:

(AA)