Foreign investors bet on Turkish football: The curious sale of Göztepe S.K.
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After speculation this spring that Russian oligarch Roman Abramovich would purchase one of Turkey’s most historic football clubs, Göztepe Spor Kulübü, a new European firm bought a 70 percent stake in the club this August for an undisclosed fee. With the acquisition, the London-based investment firm Sport Republic became the first ever foreign investor in Turkish football, raising expectations the new owners might shake up an industry plagued by years of
Foreign investors bet on Turkish football: The curious sale of Göztepe S.K.
Foreign investors bet on Turkish football…
Foreign investors bet on Turkish football: The curious sale of Göztepe S.K.
After speculation this spring that Russian oligarch Roman Abramovich would purchase one of Turkey’s most historic football clubs, Göztepe Spor Kulübü, a new European firm bought a 70 percent stake in the club this August for an undisclosed fee. With the acquisition, the London-based investment firm Sport Republic became the first ever foreign investor in Turkish football, raising expectations the new owners might shake up an industry plagued by years of