Hehe, 2.6 Billion Turkish Lira, I have no clue how much that is in EURO, but it's a classic mistake in European football. Clubs aren't run like businesses, in business you have to create a steady income stream and from there you can work. In football that rarely happens, players are bought, get oversized contracts which the budget can't handle and the clubs debt goes deeper and deeper. I always wonder who are the banks that keep giving these clubs credit?
I wish the new chairman lots of luck to make the club healthy, but I doubt he will do it!
You are viewing a single comment's thread from:
That is 398,127,597.40 Euro and it isn't small money. It beats me how they are bale to amass so much debt and also good question about which bank gives them the credits.
I just see the new guy harvesting so much grieve because, it is not gonna be an easy ride for him.