• Loading stock data...
Friday, March 28, 2025
Nominations Are Open for Front Office Sports Honors! Submit 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

[US, Mexico, & Canada customers only] Jan 23, 2025; Paris, FRANCE; NBA commissioner Adam Silver speaks before the Paris Games 2025 NBA basketball game between the San Antonio Spurs and Indiana Pacers at Accor Arena.

Silver: NBA Will ‘Explore’ European League With FIBA

Silver said the board of governors showed “enthusiastic support.”

ESPN Shutting LA SportsCenter Production, 35 Jobs Affected

The employees will have the option of moving to Bristol, CT.
NWSL Ball

Boston NWSL Team Tries Second Name: Legacy

Boston Legacy Football Club will replace Bos Nation FC.
An empty SoFi Stadium

Concacaf Not Reporting Crowds for Sparsely Attended USMNT Losses

Photos from kickoff show a nearly empty SoFi Stadium.

Featured Today

Kendall Coyne Schofield

Kendall Coyne Schofield Wants More for the Next Wave of Mom-Athletes

The Walter Cup–winning Frost captain says small changes mean “everything.”
Dec 21, 2024; Hartford, Connecticut, USA; UConn Huskies guard Paige Bueckers (5) looks to pass the ball against USC Trojans guard JuJu Watkins (12) in the first half at XL Center.
March 23, 2025

‘More Value to Be Had’: Were Women’s March Madness Media Rights Undersold?

Could the NCAA have gotten millions more in its latest TV deal?
Mar 20, 2025; Lexington, KY, USA; Creighton Bluejays forward Jasen Green (0) dunks the ball during the second half against the Louisville Cardinals in the first round of the NCAA Tournament at Rupp Arena
March 22, 2025

Basketball-Only Schools Could See Power Surge After House Settlement Approval 

Football teams might monopolize the revenue-sharing dollars at power conference schools.
Mar 15, 2025; New York, NY, USA; St. John's Red Storm guard RJ Luis Jr. (12) after hitting a three-point basket against the Creighton Bluejays in the second half at Madison Square Garden.
March 20, 2025

Perfect Storm: St. John’s Biggest Fans Can’t Bet on the School

In the No. 1 sports betting market, the Red Storm are off-limits.
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

How UBS Crafts Impactful Partnerships Across Sports, Arts, and Culture

As UBS continues to expand its impressive array of sports and entertainment partnerships, the company solidifies its position as a leader in wealth management.
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.’