Trabzonspor President Ertuğrul Doğan's 3.2 Billion Lira Resource Target

President Ertugrul Dogan announced a "historic step" for Trabzonspor. A capital increase will generate 3.2 billion TL (approx. 72.15 million euros) and reduce the debt to two billion TL (approx. 45.1 million euros) – a financial milestone for the Black Sea club. In the "Trabzonspor Magazin" Dogan explained that the association will be led into the future with scientific methods, sustainable personnel planning and economic reason. A proof: the fi…

Trabzonspor President Ertuğrul Doğan made statements regarding the capital increase process. Stating that they aim to create approximately 3.2 billion liras of resources, Ertuğrul Doğan stated that thanks to this step, the club's debt will decrease to 2 billion liras as of the beginning of June.