Galatasaray grants President Dursun Özbek full authority; 11 proposals approved

Galatasaray's President Dursun Özbek and his board received broad approval from the club's extraordinary general assembly, securing full authority on 11 critical agenda items. The overwhelming support empowers the current leadership to proceed with ambitious plans for the club's future.

Key among these plans is a major real estate development at the Florya Metin Oktay Facilities. Approximately 60 of the 80-decare site will be repurposed for a housing project, from which Galatasaray anticipates earning around $500 million. Concurrently, a new sports facility is slated for construction on an adjacent 19.25-decare plot allocated by the Ministry of Youth and Sports. This new facility, estimated to cost approximately 750 million Turkish Lira, is targeted for completion by 2028.

Further financial strategies involve the evaluation of club-owned sections within the Leo Residence in Mecidiyeköy. The management secured authorization to develop 60 residential and commercial units, projecting revenues of approximately 1.5 billion Turkish Lira. These funds are earmarked for financing ongoing projects.

The club is also advancing its Kemerburgaz facilities, which now house the football team. The second phase of development will focus on constructing a football academy, a training center for the women's football team, and four pitches. This phase, expected to cost around 1.15 billion Turkish Lira, aims for completion within the next year.

Additionally, the board received approval for the Aslantepe Valley project, a large-scale development near the Ali Sami Yen Sports Complex. This complex will feature a 13,000-seat basketball arena with 100 skyboxes and a 600-seat training hall, marking a significant expansion of the club's infrastructure.