
Stating that his speech about increasing the capacity of the stadium was misunderstood, Özbağı announced that he would not cover the entire construction cost, but would only undertake the cost of the architectural, static and reinforced concrete projects.
Fenerbahçeli Özbağı announced that they would not undertake the entire construction cost of the stadium capacity increase project, but the cost of the architectural, static and reinforced concrete projects of approximately 1 million dollars, and stated that they expected the construction to last 12 months.
AI-generated summary
Projects to increase stadium capacity were brought to the agenda at Fenerbahçe's financial and administrative general assembly.
'I WANT TO CORRECT THE MISUNDERSTANDING'
Stating that his speech about increasing the capacity of the stadium at the regular financial and administrative general assembly of the yellow-dark blue club was misunderstood, Özbağı said, "I saw that there was a perception that I would personally cover the entire construction cost of the project. I want to correct this misunderstanding. The cost that I stated that I would undertake in my speech is actually the entire architectural, static and reinforced concrete projects. That is, the part of approximately 1 million dollars. The construction expenditure, which is estimated to be approximately 50 million Euros, will be covered by the revenues to be obtained from sponsorship, lodge and season ticket sales by our club." "The amount I stated that I will personally cover is the preparation cost of the architectural, static and reinforced concrete projects. I am always honored to support Fenerbahçe."
'WE EXPECT IT TO BE FINISHED IN 12 MONTHS'
Reminding that they introduced the project to increase the stadium capacity at the elective extraordinary general assembly of Fenerbahçe Club, Özbağı said, "Our President Aziz Yıldırım told us that our stadium is not sufficient, its capacity is low, its acoustics are not good and we need to fix it. We developed such a project. We presented it at the congress. The project received great acclaim. After winning the congress, we started to increase the capacity and enlarge our stadium. Currently, the projects are finished. The projects are in the approval phase. Probably in the middle of November." "We will start construction. We estimate that it will be completed in 12 months and we plan to finish it in November 2027," he said.
AI outlook — possibilities, not facts
Construction to start in mid-November
Likely · Within weeks
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Fenerbahçe Board Member Nihat Özbağı stated that the stadium capacity increase project will not cover the entire construction cost, but the architectural and engineering projects of approximately 1 million dollars.