The winner of the first quarter of the stock market league has been announced! The sports company that earns the most for its investors… – Last Minute Sports, Economy News

Among the sports clubs traded on Borsa Istanbul, the shares of the sports company that brought the most to its investors in the first quarter increased by 20 percent. Beşiktaş Football Investments Industry and Trade Inc. happened.

According to data compiled by members of the press, the sports index gained 6.8 percent in the January-March 2024 period.

While the announced balance sheets, transfers, revenues from transfers and sponsorship agreements had a positive impact on the stock market performance of sports companies in the first quarter of the year, financial and financial difficulties and events on green fields had a negative impact on stock performances.

Hasan Arat

THE SPORTS COMPANY WITH THE HIGHEST PROFIT

Among the sports clubs traded on Borsa Istanbul, Beşiktaş, whose shares completed the first quarter of the year with a 20 percent increase, became the sports company that earned the most for its investors during this period. During this period, the club transferred Norwegian defender Jonas Svensson, Joe Worrall, Ernest Muçi and Ali Muhammed Al-Musrati. Beşiktaş also signed a jersey chest sponsorship with Beko for 3 years.

Galatasaray Sportif Sınai ve Ticaret Yatırımlar AŞ also earned 6.8 percent for its investors in the first quarter. The club’s performance on green fields and the turn of its balance sheets from loss to profit also had an important share in the rise in Galatasaray’s shares. Galatasaray, which announced a loss of 952.3 million liras in the period of 1 June 2022-31 May 2023, returned to a net profit of 34.3 million liras in the period of 1 June 2023-30 November 2023.

In the first quarter of the year, the shares of Fenerbahçe Futbol AŞ decreased by 6.2 percent, and the shares of Trabzonspor Sportif Yatırım ve Futbol İşletmecilik decreased by 11.8 percent.

SPORTS SHARES UPSET INVESTORS IN MARCH

Shares of sports clubs traded on Borsa Istanbul decreased in March. Last month, Galatasaray made its investors lose 4.1 percent, Fenerbahçe 17.7 percent, Trabzonspor 17.9 percent, Beşiktaş 23.9 percent.

Beşiktaş, which could not make its fans happy on green fields in recent weeks, upset its investors in the stock market. While there was a general downward trend in the shares of Fenerbahçe and Trabzonspor in March, this trend continued after the events in the Trabzonspor-Fenerbahçe match.

UEFA also banned Fenerbahçe from selling tickets to its fans for the next 3 away matches and fined it 80 thousand euros due to the crowd incidents in the match played against Union Saint-Gilloise in Belgium in the last 16 rounds of the European Conference League.

BEŞİKTAŞ HAS THE HIGHEST MARKET VALUE

Beşiktaş had the highest market value among the 4 publicly traded sports companies. The club completed last month with a market value of 12 billion 348 million lira. Beşiktaş was followed by Fenerbahçe with 8 billion 487 million 535 thousand liras, Galatasaray with 7 billion 268 million 400 thousand liras, and Trabzonspor with 3 billion 550 million liras.