Galatasaray announces completion of sponsorship agreement

Galatasaray

Galatasaray announced that the sponsorship agreement signed with SOCAR Turkey Energy in July has been completed.

The following information was shared in the statement sent by Galatasaray to PDP.

“In our PDP disclosure dated July 11, 2023, we announced that a Sponsorship Advertising and Promotion Rights Agreement was signed between our Company, Galatasaray Sports Club and SOCAR Turkey Enerji A.Ş. for a total amount of EURO 15.000.000 + VAT, valid for a total of 3 (three) seasons, and that the distribution of the Sponsorship fee between our Company and Galatasaray Sports Club will be announced later. An agreement has been signed between our Company and Galatasaray Sports Club regarding the distribution of the Sponsorship fee as 50% to our Company and 50% to Galatasaray Sports Club.”

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