Nihat Özdemir

'Big Four' debt in Turkish football nears $2 bln

The "Big Four" in Turkish football - Beşiktaş, Fenerbahçe, Galatasaray and Trabzonspor - are in an astronomical debt spiral, reaching 13.99 billion Turkish liras or ($1.89 billion). 

Each of the four teams announced debt last year on the public disclosure platform (KAP) as it piled to $1.89 billion. The figure in 2012 was 2.06 billion liras ($1.14 billion).

Süper Lig clubs can sign 16 foreign players: Federation

The Turkish Football Federation decided on Jan. 13 to increase to 16 the number of foreign players allowed on teams in the Turkish Süper Lig.

Federation chief Nihat Ozdemir said the quota will change from 14 during the second half of the Turkish top-flight football division 2020-21 season.

TURKEY,

4,000 people to work in construction of 1915 Çanakkale Bridge: Consortium member

More than 4,000 people will be employed to work in the construction of the 1915 Çanakkale Bridge, a leading member of the consortium building the bridge has said.

The bridge is expected to be the longest suspension bridge in the world by its length of main span with 2,023 meters.

Hectares of treasury land with famous hotels transferred to new wealth fund

Many leading tourism investments and five-star hotels, located on 2.3 million square meters of land, have been transferred from Turkey's state treasury to the newly introduced Turkish Wealth Fund as well as a number of leading public companies and lenders. 

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