🔴 Galatasaray Spor Kulübü Yıllık Olağan Genel Kurul Toplantısı

Summary

On October 10, Galatasaray held its 2025–26 annual general assembly at the Haliç Congress Center. The agenda included electing a council, hearing the board’s activity and audit reports, discussing members’ views, and voting on the boards’ discharges. The meeting was still in progress when the subtitles ended, so no final discharge decision was reported.

Opening and council election

After the opening, Eşref Alaçayır was unanimously elected council chair. The other members of the council panel he proposed were also approved. Attendees observed a moment of silence and sang the Turkish National Anthem before President Dursun Aydın Özbek addressed the assembly.

President’s address

Özbek reviewed the club’s sporting results and goals. He cited the men’s football team’s fourth consecutive league title and 26th championship, as well as its run to the Champions League last 16. He said the club aimed to win a fifth consecutive title and continue progressing in Europe. He also discussed ambitions across basketball, volleyball, wheelchair basketball, and other branches, and thanked athletes, staff, and families for their contributions.

Özbek then outlined facility and real-estate projects:

• Galatasaray Island and Kalamış: Renovations were intended to improve the facilities and allow year-round use.
• Florya: He said a revenue-sharing agreement had been signed and the club had received a $50 million advance. He described the project as a potential source of at least $300 million, with future proceeds to be placed in blocked accounts for infrastructure, facilities, and non-football branches. He also discussed plans for a sports facility named after Metin Oktay.
• Riva: He reported progress on the second phase and outlined projected club income from the development.
• Leo Residence: He said title-deed transfers had begun and proceeds from remaining units were expected to go to the club.
• Kemerburgaz and Aslantepe: He described work on the football facilities and a planned complex bringing basketball, volleyball, and administrative units together.
• Rams Park: He listed improvements including expanded LED displays, renovated media facilities, and additional box seats.

Özbek also highlighted the club’s social-responsibility work, including support for people affected by the 2023 earthquake and programs for children, older people, and people with disabilities.

Financial presentation

Özbek reported consolidated revenue of about €480 million (approximately ₺23.8 billion), describing it as a club record. He cited ticketing, retail, sponsorship, and UEFA income as major contributors, and said retail sales included more than one million jerseys. He also discussed operating costs, transfer spending, cash flow, debt, and investments. He argued that leaving the Banks Association agreement had enabled the club to proceed with projects, and said the club’s assets and equity had grown.

Treasurer Mehmet Burak Kutlu presented the 2025–26 activity report, providing further financial figures and discussing revenue growth, costs, assets, and liabilities.

Audit committee representative Hasan Can Gülahçıoğlu presented the audit report. He said the committee had not identified a breach of regulations in its review, while also discussing financial risks, cash-flow pressures, and the independent auditor’s limited positive opinion. The report noted concerns including operating losses and short-term liabilities exceeding current assets.

Members’ discussion

After a 45-minute lunch break, members began commenting on the reports. Speakers raised concerns about governance, compliance with the club’s bylaws, financial transparency, the Florya and Riva projects, debt between the club and its sports company, budgeting, and the audit committee’s scope and independence.

Some members praised the president’s work and the club’s sporting and commercial progress. Others questioned the financial risks and asked for clearer answers about liabilities and future funding.

The subtitles end during the discussion, before the scheduled votes on the management and audit boards’ discharges.

Sporting news mentioned before the meeting

Galatasaray had beaten Kasımpaşa 3–1 the previous day. The broadcast also referred to an upcoming Champions League match against Barcelona.

Presenters and sources

• Presenters: Unnamed live broadcast commentators
• Meeting speakers: Dursun Aydın Özbek, Eşref Alaçayır, Mehmet Burak Kutlu, Hasan Can Gülahçıoğlu, Ayhan Özmızrak, Gürkan Eliç, İbrahim Göknar, and other members whose names were unclear or not given in the subtitles
• Source: Galatasaray YouTube channel