Important Statements from Beşiktaş President Serdal Adalı at the Financial General Assembly

Beşiktaş President Serdal Adalı made a statement at the club's 2026 Ordinary Administrative and Financial General Assembly Meeting.

Adalı, who started his speech by pointing out that the Football A team had a good start to the season, said, "As we addressed you from this podium, we ended our words by saying that we always hope to see you in better days. Thank God, today, we have come to those good days that we dreamed of. We made the best start of the season in recent years. We skipped 3 rounds in Europe and made it to the UEFA Europa League groups, and we made a great start there. Moreover, today, we could be standing before you as the board of directors of Beşiktaş, which has taken the leadership seat in the league. "The referee mistakes in the Alanyaspor and Amed Sportif Activities matches delayed our leadership for today. We all see where and in what situation those who made us are not leaders today are, but as long as this football and this struggle continues, Beşiktaş will definitely be in the leadership position it deserves," he said.

"BEŞİKTAŞ IS THE BEST FOOTBALL TEAM IN THIS LEAGUE"

President Adalı said, "Despite all the mistakes and all the perceptions made against it, today Beşiktaş is the best football playing team in this league" and continued as follows:

"Today, we have come before you by establishing the best team in the league with its game, organization, planning, staff, coach and fans. I am very happy and proud of this. I talk and come together with Beşiktaş fans at the matches, on the streets, everywhere I go. I see that excitement, that passion, the feeling of championship in all Beşiktaş fans again. I see our children and young people wearing Beşiktaş jerseys on the streets again. Likewise, years later, they are united in the stands and show great support to the team. "I am happy to see Beşiktaş fans again, who are known for their support and support throughout the world. These are the first signs that Beşiktaş will see good days. Please continue this solidarity and do not withhold your support from us and our team."

"WE WERE THE ONE WHO MARKED MHK SINCE THE DAY WE TOOK OFFICE"

The president of the black-white club also spoke about MHK President Ferhat Gündoğdu, who was arrested within the scope of the investigation known as the 'Referees file'. Adalı said, "We could not appear before you as a leader due to the referee's mistakes. During this process, we heard a lot of complaints from our community about not giving Beşiktaş their due. Maybe we were criticized from time to time. However, we were the ones who pointed out MHK since the day we took office. We mentioned the name Ferhat Gündoğdu many times. We said that as long as he is the President of MHK, Turkish football will not make any progress. At the point we have reached today, the biggest struggle is with the crooked structure in MHK. Beşiktaş was the club that gave support and criticized them at the highest level and told the truth. History has proven Beşiktaş right once again. Organizing against Beşiktaş, violating Beşiktaş's rights and trying to stop Beşiktaş has finally resulted in a sanction. I believe that we, as a community, fought this fight properly. I also thank the great Beşiktaş community for standing behind us and giving us strength. I hope that this new era will be beneficial for our country and Turkish football. "We want justice, not privilege. We want no double standards to be applied on the fields, and we want those who play well and deserve to win. We trust our players, our technical team, our staff and our game. We believe that we will be champions when a fair football environment is provided."

"WE INCREASED OUR STAFF VALUE FROM 140 MILLION EURO TO 273 MILLION EURO"

Pointing out that the increase in some debt items should not be perceived as 'Beşiktaş is taking on new financial burdens', Serdal Adalı said, "When we took office, we took over a Beşiktaş that had a value of 140 million euros, but had no added value and had no chance of returning these costs to its coffers. We parted ways with 34 players permanently, only 3 of these 34 players were the players we transferred by paying a transfer fee during our period. They are serious players who did not contribute the slightest to Beşiktaş. Unfortunately, we sent a group of players not by earning money, but by paying money to the base. Cleaning up the squad also cost us a lot. After these moves, we naturally spent transfer fees to establish a new and quality team. After these transfer operations, we increased our squad value from 140 million euros to 273.5 million euros. If we did not have to correct the mistakes of the past, we could not bear the costs of sending players and spend this money on our squad. "Our squad value, which is 273.5 million euros, could have been much higher. We did not spend money on Beşiktaş that would not be returnable. We did not and will not buy any players that we will be the last owner of. All the players in our current squad are at a level and capacity that can bring significant income to Beşiktaş. These players can bring returns well above their costs," he said.

"OUR FRAME OIL HAS REACHED THE LEVEL WE DESIRED"

President Adalı also mentioned that they started this season with a very good squad, a high-level football mind and one of the most important coaches in Europe, and said:

"We have taken the necessary steps to bring Beşiktaş to the championships again, and we continue to do so. Therefore, today's balance sheets need to be evaluated correctly and healthily, not just as an increase in debt. Beşiktaş has a squad structure that can put more than its debt in its coffers when the time comes. In addition, this squad we have established will fight until the last moment for sporting success in every field we compete in. We will continue our efforts to make our squad structure stronger in the coming period. With the transfers we made in the last transfer period alone, the squad value of our team increased to 93 million euros." We have become one of the leading clubs in Europe in this field. Our squad structure has now reached the level we want. From now on, we will make all our expenditures only to strengthen Beşiktaş. Beşiktaş will now be managed with a vision that we emulate, that we set as an example, and that we say is not possible in Türkiye. Even though we came to power in a time when there was a difficult squad structure, we brought 82 million euros of transfer income to Beşiktaş in 1.5 years. Beşiktaş has a valuable football team and valuable players after many years. These items, which you see today as "transfer spending", are not an increase in debt, but an increase in value. By defeating Marseille, one of the most established teams in Europe, Beşiktaş has made a strong return to the European stage again. "He has started a period in which he will regain his place in football."

The president of the black-and-white club reminded that the men's basketball team succeeded in playing the final series in the league and in Europe and said, "As a result of these successes, we have the right to represent Beşiktaş in the Euroleague organization, the highest level of European basketball. We have not been able to start the season in basketball as we wanted at the moment. However, we are a newly established team, I believe we will be much better when we complete the adaptation period."

"TOTAL PAYMENT WE MADE IN 1.5 YEARS IS 466 MILLION EURO"

Underlining that they have made a total of 466 million euros since the day they took office, Adalı said, "We fulfilled our promise to our community by making this squad revision in a period of only 1.5 years, as we promised on the first day. Moreover, we did not only restructure the squad. The total payment we made in the past 1.5 years is 466 million euros. During this 1.5-year term of office, we paid 1 million euros every day we left our home and went to the club, meaning you paid 55 million liras." Think about it, we experienced this every day for 1.5 years and thankfully we overcame such a burden. I just want to understand where we came from and what we did. When we took office, we managed to reduce our bank debts from 128 million dollars to 53 million dollars. While we paid 51 million euros in interest last year, we will be closing this year with an interest payment of only 5 million euros. "When we took over the Consortium's debt, the monthly interest we paid was approximately 5 million euros. Now, this 1-month interest has turned into the total interest we paid throughout the year. If we had continued the Banks Consortium debt as we took over, today we would have a debt of 190 million dollars to the Banks Consortium," he said.

"8.5 BILLION LIRA REVENUE WILL BE OBTAINED FROM THE DİKİLİTAŞ PROJECT"

Mayor Adalı said that they saved Beşiktaş from a large interest burden thanks to the payments and restructurings they made. Serdal Adalı said, "We appear before you as the board of directors that made the largest debt payment in the history of Beşiktaş. We used our own resources when making such a large debt payment. The most important of the income items is the Dikilitaş Project. Our Beşiktaş will earn a total income of 8.5 billion liras from the Dikilitaş project with today's value. If the exchange rate difference occurs in the future, this income will be much higher on a TL basis. 2.1 billion of this 8.5 billion lira income. "We have collected 100,000 lira. This project will bring at least 6.4 billion lira to our Beşiktaş. We will use a portion of this 6.4 billion lira to pay our remaining bank debt of 53 million euros. We have eliminated issues such as bank debt and interest burden from Beşiktaş's agenda and financial statements," he said.

Adding that they will hold the groundbreaking ceremony of the Dikilitaş project as soon as possible after the elective general assembly tomorrow, Adalı said, "After the land belonging to the Ministry of Youth and Sports, located in the area where our Dikilitaş project is located, is allocated to us, we will build a student dormitory in Şişli for our university students."

"OUR STADIUM REVENUES EXCEEDED 4.5 BILLION LIRAS"

Serdal Adalı stated the following about the increasing revenues during their term of office:

"We increased our Kartal Yuvası turnover by approximately 300 percent. Our stadium revenues exceeded 4.5 billion lira. By implementing the GenBeşiktaş project, we paved the way for our children and young people from Beşiktaş to become members of the general assembly. So far, we have made over 2000 of our young brothers and sisters Gen Beşiktaş members. During our term of office, we made another important breakthrough in terms of sponsorships. Our club includes the most prominent brands of Türkiye and the world. "We gained sponsorships. Our total income from sponsorships, advertising agreements and collaborations was approximately 90 million euros and will continue to increase day by day."

Answering the questions about the jersey sponsor, which was transferred to SDIF within the scope of the fund investigation, Serdal Adalı said, "You all know the recent events regarding the jersey sponsor of our football team. I personally receive many phone calls and messages about this issue. The company in question was transferred to SDIF within the last week. We will meet with them as soon as possible and decide what course of action to follow."

"WE HAVEN'T HAD ANY PAYMENT PROBLEMS ONCE"