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5 votes
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Turkey has built the longest suspension bridge in the world
5 votes -
A plastic bag’s 2,000-mile journey shows the messy truth about recycling
6 votes -
Zeynep Tufekci on the Sociology of The Moment (Live) (Ep. 130)
4 votes -
The power of concepts under authoritarianism: The life of Arendt’s banality of evil in Turkey
6 votes -
Crypto exchange founder disappears with $2 billion
15 votes -
Ukraine turns to Turkey as Russia threatens full-scale war
10 votes -
How Syria's disinformation wars destroyed the co-founder of the White Helmets
6 votes -
One year since the Turkish invasion of Rojava: An interview with Tekoşîna Anarşîst
7 votes -
The Turkish century; Part 3: New beginnings
6 votes -
My Analog Journey: Portable Session - Rare Turkish Anatolian rock, funk and jazz
5 votes -
Economic crisis of Turkish football clubs
An announcement shook Turkish football seriously. Turkish Football Federation (TFF) announced spending limits for clubs. That is very low because club debts. Everybody knew it would happen one...
An announcement shook Turkish football seriously. Turkish Football Federation (TFF) announced spending limits for clubs. That is very low because club debts. Everybody knew it would happen one day. But corona took early that crisis. All of big Turkish clubs near to bankrupt. Their total debts over 2 billion dollars. Clubs signed too heavy deals with goverment banks. Goverment and TFF try to keep up clubs alive.
This isnt about only coronavirus or only Turkish economy. Clubs loaned more and more each year since the early 2000s. Presidents of clubs spend money badly, they transfer useless football players. And now money ran out ! And of course, turkish lira in crisis. Clubs gains with turkish lira, but spend with euro. And Lira still unstable. Euro/Lira increased from 7.7 to 8.6 in just one month. Its ~%10 lost only one month. Broadcaster company BEIN SPORTS, pay less money to federation for corona and lira crisis. Debts, income loss, lira crisis, corona. Everythings
Yearly spending limits of some big FCs:
- Galatasaray: 58m €
- Besiktas: 35m €
- Fenerbahce: 20m € (too low)
- Basaksehir: 20m €
- Trabzonspor: 17.5m €
That values very low. For this budgeds, clubs cant transfers. Someones should make the team smaller like fenerbahce. Fenerbahce protest that limits but they have 600m $ unstructured debt and they can't show income ! I think if this year fenerbahce cant be champion and can't go to the Champions Leauge, their clubs will be mortgaged or to be sold in the near future. A very rich bussines man -Ali Koc- became president of this club and he transferred a significant amount of money to the club. But for two years he was not successful in terms of sports.
There is also Başakşehir. Our champion, Basaksehir played really bad footbal againts Copenhagen FC and eliminated from Champions Leage. But Basaksehir is a brand-new club, in fact they were established in 2014. They have profesional management team and every year become better since 2014. Today, they became champions for the first time and may be the brightest club in Turkey. Some arabs from Qatar want to buy this club. Fans do not react to this. Because this 6-year-old club has almost no supporters. They became champions, but they didn't celebrate. (Ironically, I am one of the very few fans of Başakşehir.)
Galatasaray is less worried about debts. Because they postponed their debts for 5 years (with insane interest rate) But still too many debt in 5 year. the 115 year old club has many lands. Club think they can pay off the debts by selling the land at in the good areas of İstanbul.
Source:
TFF Spending Limits: https://www.tff.org/default.aspx?pageID=687&ftxtID=33547 (Not in turkish)8 votes -
The Turkish century; part 2: The journey of the Turkish Republic
4 votes -
Turkey turns the Hagia Sophia museum into a mosque
7 votes -
Twitter removes Chinese misinformation campaign
10 votes -
Greek security forces likely used live rounds on 4 March 2020 against refugees and migrants
7 votes -
The history of Turkey until Atatürk
10 votes -
Russia and Turkey agree to ceasefire deal for Syria's Idlib
7 votes -
Russia, Turkey may have carried out war crimes in Syria, UN says
7 votes -
Thirty-three Turkish soldiers killed in attack in Idlib, mostly by the Russian Airforce
9 votes -
Mor ve Ötesi - Deli (Insane) (2008)
4 votes -
Google's dangerous monopoly-based foreign policy
8 votes -
Protests grow as Peter Handke receives Nobel medal in Sweden – Turkey joined Albania and Kosovo in boycotting Tuesday's Nobel prize ceremony
5 votes -
The online left goes to war: Stefan Bertram-Lee was an internet leftist. And then they went to Rojava [Northern Syria / Western Kurdistan] and got a gun
10 votes -
Stop trying to make turkey taste good
13 votes -
White phosphorous use in northern Syria – Should the OPCW investigate?
3 votes -
Denmark approves stripping IS fighters of citizenship – bill was fast-tracked amid concerns imprisoned IS fighters may escape during a Turkish offensive
8 votes -
Turkey to suspend Syria offensive
9 votes -
Turkey’s war in Syria is a war for fascism
8 votes -
President Trump wrote Turkish President Erdogan a letter warning him not to be "a tough guy" or "a fool" as his forces launched their attack on northern Syria
23 votes -
Kurds strike deal to get Syrian help fighting Turkey in Rojava
16 votes -
US "preparing to evacuate" remaining troops from northern Syria, defense secretary says
7 votes -
Finland halts arms exports to Turkey and condemns military operation in Syria
12 votes -
Turkey begins military offensive in Syria, days after Trump announced pullback of US troops
16 votes -
Trump Administration appears to reverse Syria decision following backlash
11 votes -
Exclusive: Official who heard call says Trump got 'rolled' by Turkey and 'has no spine'
9 votes -
US to step aside for Turkish assault on Kurds in Syria
17 votes -
Jamal Khashoggi, one year later
7 votes -
Turkey Information Thread: AmA you're curious about Turkey
@gergir mentioned the idea, and I thought, why not give it a try? I'm a young adult from Turkey, lived up until now in Istanbul. Whether specific to that city or not, and whether about life,...
@gergir mentioned the idea, and I thought, why not give it a try?
I'm a young adult from Turkey, lived up until now in Istanbul. Whether specific to that city or not, and whether about life, tourist attractions, politics, culture, etc., just AmA.
If you have anything you don't want to publicly ask, I'l love to help if you PM me your question.
32 votes -
Denying your history | Armenian Genocide
8 votes -
Russia will begin delivering its S-400 air-defense system to NATO member Turkey in the coming days, in a deal likely to trigger US sanctions
15 votes -
Istanbul's LGBT community holds small rally after march banned
9 votes -
Istanbul mayoral re-run: Turkey's ruling AKP set to lose in blow for Erdogan
27 votes -
A Turkish opposition leader is fighting Erdoğan with ‘radical love’
8 votes -
Cyprus Crisis 1974
7 votes -
11,000-year-old Turkish town about to be submerged forever
11 votes -
Erdoğan’s civil coup: Turkey's recent election saw the ruling party's control over Istanbul broken. Now, the regime wants a re-do
9 votes -
Re-run of Istanbul election set for June 23
17 votes -
100 years after genocide, Armenians in Turkey revive their identity
8 votes -
How women who’ve left Turkey are helping those left behind
8 votes