Beşiktaş Club: Financial Situation and Loss Report
Beşiktaş, as one of the most established clubs in Turkish football, has achieved many successes from past to present. However, in recent years, the club's financial situation and administrative problems have come to the fore. A report prepared during Ahmet Nur Çebi's presidency reveals the club's financial operations and losses. This report covers the period between 2009 and 2019 and was prepared by the independent auditing firm KPMG.
Importance of KPMG Report
KPMG is a globally recognized and trusted auditing company. This report, requested during Ahmet Nur Çebi's presidency, examines the financial situation of Beşiktaş Club in detail. The information in the report provides important data about the financial health of the club. The report also includes irregularities and financial losses within the club.
Amount Lost in 10 Years: 102 Million Euros
The report traces the money that left the club between 2009 and 2019. In this process, losses defined as “exceptional circumstances” totaled 102 million 200 thousand 434 Euro This amount is determined as . This amount is calculated with today's exchange rates 3 billion 750 million Turkish Lira This amounts to a huge figure. These losses are equivalent to approximately one third of the club's total debt. The report also covers in detail the causes of these losses and who is responsible.
Financial Disruptions and Exceptional Circumstances
On page 5 of the report, there are important data under the heading “disruptions and exceptional cases detected in football activities”. The total cost of these financial disruptions is 52 million 574 thousand Euros This amount is almost 2 billion lirasor equivalent. KPMG also states exceptional situations arising from football players, technical staff, managers and related transactions in its report.
- Payments to Players and Managers: 46 million Euros (1 billion 660 million Liras)
- Waived Training Compensation: 2 million 857 thousand Euros (102 million Lira)
- Penalties Imposed by UEFA and TFF: 1 million 647 thousand Euros (59 million Lira)
- Unpaid Signature Fee to Orkan Çınar: 1 million Euros (36 million Liras)
- Protocol Signed with Domagoj Vida: 684 thousand Euros (24 million Liras)
- Investment in Kocaeli Birlik Sports Club: 326 thousand Euros (12 million Liras)
- Extra Flight Tickets Provided to Football Players: 20 thousand Euros (720 thousand Liras)
- Loss of Ultrasound Device: 29 thousand Euros (1 million 50 thousand Liras)
Time for Accountability
This report clearly shows the financial situation of Beşiktaş Club. However, there are many more issues that need to be written. In this context, it is of great importance to reveal those responsible and the bad management within the club. It is inevitable to take the necessary steps so that the problems the club has experienced in the past do not continue today.
According to our observations, some people are still in the club and in management positions. However, the past mistakes of these people should not be covered up. Those who pocket even a single penny of Beşiktaş should be held accountable. Therefore, as a club, it is of great importance to examine the financial reports and documents, identify those responsible and initiate the necessary legal processes.
Beşiktaş Club should not forget the financial scandals and losses it has experienced in the past. The club should take this report into consideration and take the necessary precautions in order to take more solid steps in the future. The steps that Ahmet Nur Çebi management will take in this process are of great importance for the future of the club.
