How Turkish clubs fund star deals
Reports indicated that Egyptian football star Mohamed Salah's transfer to the Turkish club Trabzonspor was finalized with a two-year contract paying an annual salary of 17 million euros, with potential total earnings reaching around 50 million euros thanks to a percentage of shirt sales. Salah's deal is part of a wave of major transfers undertaken by Turkish clubs during the summer window, as they signed players such as Victor Osimhen and Youssef Nesyri for record-breaking amounts. This has raised questions about the sources of funding, given the decline in the Turkish lira's value and the clubs' reliance on revenues from their participation in European competitions. These are among the largest deals in Turkish football history and come amid a broader expansion of club investments in real estate and benefits from Turkey's ongoing economic growth, which has led to reduced borrowing costs and substantial profits from their investments.
Notice: This Is an AI-Generated Summary
Comments (0)