• Loading stock data...
Friday, May 9, 2025
Join us May 14 at 1 p.m. ET for Future of Sports: Leagues of Their Own Register Now

Whatever It Takes To Pay Özil

  • Fenerbahçe has asked fans to chip in with crowdfunding via a text campaign.
  • The club has a history of financial instability.
Fenerbahçe

Turkish soccer giants Fenerbahçe asked fans for a helping hand to alleviate the cost of signing star midfielder Mesut Özil.

The footballer earned over $20 million with Arsenal last season while mostly sidelined. Özil is reportedly taking a significant pay cut with his new club. 

Fenerbahçe president Ali Koc solicited donations via text message to help cover Özil’s contract.

  • “We have a request for our fans,” Koc wrote, according to The Wall Street Journal. “Please continue to support us, we are also dependent on your financial support.”
  • Like most professional sports teams, Fenerbahçe’s pandemic-related revenue losses are significant. The club is currently about $630 million in debt.
  • Supporters were asked for about 3 euros, with the club eyeing “several million” donations.

Fenerbahçe has asked fans for funding over text in the past, and Özil’s signing presented a new opportunity to revisit the tactic. 

The club has a history of instability. UEFA, European soccer’s governing body, sanctioned it in 2019 for violating financial rules.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

PSG

PSG in Champions League Final After Shedding Nine-Figure Superstar Salaries

PSG previously tried to win with a trio of Neymar, Messi, and Mbappé. 
Apr 11, 2025; Salt Lake City, Utah, USA; Utah Jazz guard Svi Mykhailiuk (19) shoots the ball during the second half against the Oklahoma City Thunder at Delta Center.

Why Money Is Flooding Into Utah Sports

Utah is vying for a new MLB franchise.

Leeds’ Rise: NFL Playbook, Premier League Stakes, ‘Untapped Potential’

Leeds United chairman Paraag Marathe is bullish on surviving in the Premier League.

Featured Today

Mar 26, 2025; New York, New York, USA; Actor and filmmaker Spike Lee (l) greets former professional boxer Floyd Mayweather Jr. during the game between the LA Clippers and the New York Knicks at Madison Square Garden.

‘Friends of the Garden’: Inside the NBA’s Most Exclusive Celebrity Suite

“Among the titans of industry, deals are done at Suite 200.”
exclusive
May 9, 2025

Shams Charania on Draft, Breaking Dončić Trade, ‘Whirlwind’ ESPN Tenure

Charania will work on his first NBA draft lottery for ESPN on Monday.
Fat Perez reacts after hitting his shot on the 16th tee during the WHOOP Shot at Glory on the 16th hole at TPC in Scottsdale on Feb. 5, 2025.
May 7, 2025

Golf Influencers Are the New Currency for PGA Tour and LIV

YouTube golf is big business. The rival tours are staging formal events.
Feb 8, 2025; New York, New York, USA; New York Knicks assistant coach Rick Brunson talks with New York Knicks guard Jalen Brunson (11), forward Mikal Bridges (25), and guard Josh Hart (3) during a timeout in the third quarter against the Boston Celtics at Madison Square Garden.
May 6, 2025

Before the Villanova Knicks, There Were the Kentucky Celtics

Three decades ago, Boston tried its own version of the college-teammate experiment.
Jun 13, 2018; Moscow, Russia; A general view of a beer stand inside of Luschniki Stadium one day prior to the start of the FIFA World Cup 2018.

Saudi Arabia Says No Alcohol at 2034 World Cup

Saudi Arabia won’t allow alcohol anywhere during the 2034 World Cup.
August 30, 2024

Premier League Transfer Spending Has Already Topped $2 Billion As Deadline Looms

Saudi Pro League teams haven’t yet matched their English counterparts.
January 13, 2025

Gavin Newsom Reveals Status of 2028 Olympics As Los Angeles Wildfires Roar

Gavin Newsom says there’s a “Marshall Plan” to rebuild Los Angeles.
Sponsored

Game On: Portfolio Players Stories, Brought to You by E*TRADE from Morgan Stanley

Portfolio Players is our bi-weekly spotlight on the athletes and investors reshaping the business of sports. This week, venture capitalist Kai Cunningham unpacks why athletes land top deals and how the usual investing rules don’t always apply.
Paralympics Tiktok
August 25, 2024

The Wildly Successful Paralympics TikTok Account Isn’t What You Think

A cheeky TikTok account is opening the world of Paralympic sports.
August 11, 2024

Passing of the Torch: Los Angeles Set for Olympic Firsts in 2028

The city last hosted the Summer Olympics in 1984.
August 1, 2024

Saudi Arabia Submits Bold World Cup Bid That Includes a Cliffside Arena

The Saudis are proposing a new stadium in a futuristic city called Neom.
John John Florence (USA) surfs in men’s round two competition during the Tokyo 2020 Olympic Summer Games at Tsurigasaki Surfing Beach.
July 29, 2024

Olympic Surfers Won’t Get Their Full Paris Moment

‘We’re kind of separate off on our own little thing over here.’