Fenerbahce becomes sports company that provides highest return for its investors in Borsa Istanbul
Fenerbahçe became the sports company that provided the highest return to its investors, completing the last month with a 27.7% increase among sports companies traded on the Istanbul Stock Exchange.
Fenerbahçe Football Inc., which is at the top of the Trendyol Super League, thus became the sports company that brought the highest profit to its investors. Leading in both the Trendyol Super League and its group in Europe, Fenerbahçe pleased its investors.
The shares of Galatasaray Sports Industry and Commercial Investments provided a 15.3% return last month. Galatasaray, a joint leader in the Super League, showed good performance on the stock exchange last month.
Beşiktaş Football Investments Industry and Trade Inc. also increased by 1.6% on the stock exchange in October.
Trabzonspor Sports Investment and Football Management, which was the sports company that provided the highest return to its investors in September, lost 17.9% on the stock exchange last month.
SHARE PRICE OF BESIKTAS EXCEEDED 7 TIMES ITS VALUE SINCE BEGINNING OF THE YEAR
The shares of sports clubs recorded sharp increases compared to the end of last year. Effective transfers and sponsorship agreements played a role in these increases.
Beşiktaş, which completed last year with 5.94 liras, saw its share price rise to 44.30 liras in October, exceeding 7 times its value. Thus, Beşiktaş recorded an increase of 645.8% on the stock exchange compared to the end of the year.
Since the beginning of the year, Galatasaray provided a return of 103.5%, Fenerbahçe 78.6%, and Trabzonspor 12.4% to its investors.
FENERBAHÇE HAS HIGHEST VALUE AMONG ALL CLUBS
Fenerbahçe has the highest market value among the publicly traded four sports companies. Fenerbahçe completed October with a market value of 12 billion 887 million 196 thousand liras.
Following Fenerbahçe, Beşiktaş with 10 billion 632 million liras, Galatasaray with 9 billion 450 million liras, and Trabzonspor with 3 billion 90 million liras had the highest market values.
