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Ertuğrul Doğan: Trabzonspor will not have any debt problems

October 26, 2025
in Sports

Ertuğrul Doğan: Trabzonspor will not have any debt problems

Trabzonspor Club President Ertuğrul Doğan stated that they have clearly been very successful economically so far and said, “If we do not encounter any setbacks in the next 3-4 months, we will all experience together that Trabzonspor will no longer have a debt problem.” he said.

Trabzonspor Club President Ertuğrul Doğan, Stating that they have clearly been very successful economically so far, he said, “If we do not encounter any setbacks in the next 3-4 months, we will all see that Trabzonspor will no longer have a debt problem.” he said. In his speech at the 59th Ordinary General Assembly of Trabzonspor Club held at Kadir Özcan Nizamettin Algan Hall Youth Development Center, Doğan said that they started the season well and said: “Actually, I could have become president and win all the matches here, but I won't say bad luck and certain refereeing errors, we are currently 5 points behind due to mistakes intentional by the referee, but we have hope.” he said. Stating that they have a very young squad, Doğan emphasized that the team is led by Fatih Tekke, a very valuable, young and good Trabzonspor player. “OUR CURRENT DEBT IS ABOUT 2 BILLION 850 MILLION LIRA, INCLUDING THE SALE OF UĞURCAN” Doğan shared the following information about the club's debts: “Currently, our debt is about 2 billion 850 million liras, including the sale of Uğurcan. This debt also includes all future transfer payments. There are also costs for all future installments of all currently acquired players. Our debt is 2 billion 850 million.” Pointing out that the rival clubs' debt has reached 30 billion liras, Doğan noted that they made very good moves at a certain point and kept the club's debt at around 2 billion 850 million liras, which is a great development. Doğan said that they are competing against teams with budgets 8-10 times theirs and said: “The year we became the last champions, our budget was around 35 million, while the budget of the team that came in second was around 40 million. This does not mean we will not reach new heights. Trabzonspor has always fought the war of labor against money. This is the reality of our lives.” he said. Stating that investments to improve Trabzonspor's financial situation have not been made for 25-30 years, Doğan said, “This is also a reality of Trabzonspor. Since the day we arrived, our President has played a leading role in allocating very important lands to Trabzonspor. We have purchased four very important lands. We are currently working on the fifth land. I thank the local politicians. direction.” he said. Doğan, who also thanked Şenol Güneş, who was always there and supported them, shared the following information about the work on the lands: “What are we doing on these lands? It will be in time for the congress in December. Kartal and the land next to the stadium are not Akyazı, we will share the presentation of what will be done in both places here with the members at the financial congress. The development of projects The case continues. There are two methods here. First, we create a real estate investment fund and carry out these projects with certain cooperation structures. We can do that, or we can buy the earnings we expect from outside and do it ourselves. These will never be projects that are built and sold. Let me say this. All of this will be done and will remain owned by Trabzonspor and will are projects that will generate income for Trabzonspor for many years to come. We will not sell them.” “LET TAKE CARE OF IT TOGETHER” Pointing out that Trabzonspor has to train and sell football players, Doğan continued: “There is no other option now. Our opponents' sponsorship income is very high. They earn almost 100 million euros in revenue from their stadium. We were just able to buy our own stadium, but we are losing 5 million euros a year from our stadium. Their total income is about 30 times more than ours, jersey sales are about 13 times. the entire balance sheet, We have to develop some strategy to keep this team alive to compete and deal with the debt. Obviously we have been very successful economically so far. “If we do not encounter any obstacles in the next 3-4 months, we will experience together that Trabzonspor will no longer have a debt problem.” The audit committee announced that the total debt of the green wine club as of August 31, 2025 is 4 billion 255 million 973 thousand 334 lira. At the meeting, former President of Trabzonspor Ahmet Celal Ataman, who completed 45 years as a board member, former vice presidents Besim Kahraman and Necip Yücesan, and members who completed 35 years of age were awarded certificates of merit and certificates to those who qualified to become become a member.

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