US EditionDebts Have Been Settled. Banking Union Ledger Is Closed!
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Galatasaray has reached a milestone in its recent club history: Istanbul's traditional club officially announced by KAP that all debts were fully repaid to the banking association. Debt-free until 2030 – explanation in detail The communication states: "In the context of the loan agreement 03/2021 concluded with the consortium of T.C. Ziraat Bankasi A.S. and Denizbank A.S. and last extended until 05/2030, all loans and interest rates have been fu…
The Galatasaray confirmed through the Public Disclosure Platform its exit from the Banking Union by liquidating the restructured debt with the two entities TC Ziraat Bankası A.
Galatasaray has officially withdrawn from the restructuring agreement it reached with the Banks Association. The club notified the Public Disclosure Platform (KAP) that it has paid off all its loan debts and interest, ushering in a new era for Turkish football.
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