Beşiktaş Carry Highest Liabilities-to-Revenue Ratio Among Turkey’s Big Four
Turkey’s four largest publicly traded football companies reported combined liabilities of approximately TL 108.1 billion as of 31 August 2026, according to Anadolu Agency figures reported by Daily Sabah.
Beşiktaş accounted for TL 27.95 billion. Against annual revenue of TL 12.24 billion for the 2025–26 season, its liabilities amounted to approximately 2.28 times annual income—the highest ratio among Beşiktaş, Galatasaray, Fenerbahçe and Trabzonspor.
The reported liabilities include commercial obligations and advance collections for future periods, alongside financial borrowing and other categories. The total therefore covers more than bank debt alone.
Source: Daily Sabah: the Big Four’s financial liabilities