Galatasaray signs sponsorship deal for 27m

The Lions have agreed to another sponsor deal this season, worth 27 million Turkish Lira over a three-year period.

Galatasaray have signed a sponsorship agreement with Turkish betting company Bilyoner.com.

The three-year deal will see the Super Lig champions receive 8 million Turkish Lira (TL) for the first year, 9 million TL for the second and 10 million TL for the third year.

The agreement contains an optional one-year extension if certain criteria are met at the end of the third year.

The club made the announcement today at the club’s facilities in Istanbul, where club president Mustafa Cengiz, vice president Abdurrahim Albayrak and other club board members were present. The sponsor’s CEO, Emin Hitay, was also present during the signing ceremony.

Club president Mustafa Cengiz spoke briefly about the new deal.

“We signed a very important deal with Bilyoner.com. You are witnessing history today. In September 2017, Galatasaray signed a sponsorship agreement with a betting company for one million Turkish Lira. Today, the deal for one year is 8 million. This is the biggest sponsor deal involving any Turkish betting company. In total, the agreement is for 27 million. We will continue to work with sponsors,” he explained.

He also hinted at the possibility of a new stadium name sponsorship in the near future as the current deal with Turk Telekom expires at the end of the current season.

“We are also working on this matter. On the stadium name and on the advertising within the stadium. I don’t want to talk too much about it but we have serious opportunities regarding these.”