Football Clubs Announced Second Quarter Balance Sheets

Football clubs announced their second quarter balance sheets. According to the 6-month results announced by Fenerbahçe, Galatasaray and Beşitaş, there was an increase in the loss of all clubs. Beşiktaş suffered the biggest damage. Fenerbahçe, Galatasaray and Beşiktaş, which are football clubs traded in Borsa Istanbul, announced their second quarter balance sheets. According to Galatasaray's balance sheet, a loss of 169.7 million liras was realized in the second quarter. In the same quarter of 2019, a loss of 3.73 million liras was recorded. The loss of Fenerbahçe and Beşiktaş decreased on a quarterly basis. Accordingly, while Fenerbahçe reported a loss of 19.4 million lira for the same period; In the same period of 2019, the club announced a loss of 54.9 million liras. While Beşiktaş announced a loss of 187.4 million liras in the same period, Beşiktaş's loss was recorded as 84.9 million liras in the same period of 2019. When the balance sheets were examined on a 6-month basis, it was seen that there was an increase in the losses of all clubs. Fenerbahçe's loss was recorded as 48.8 million TL in the June-November period of 2020. The club reported 28.5 million term profit in the same period last year. Galatasaray's net loss in the June-November period of 2020 was TL 209.3 million. In the same period last year, the club recorded a profit of 75.9 million TL. Beşiktaş's loss in the same period amounted to TL 227.8 million. However, the loss of the club was announced as 151.7 million TL in the same period last year.