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Monday, October 07, 2013

Debt Dwarfing Manchester United Shows Turkish Soccer Rot - Businessweek

Debt Dwarfing Manchester United Shows Turkish Soccer Rot
By Ercan Ersoy and Taylan Bilgic October 07, 2013

Turkish soccer champion Galatasaray (GSRAY)’s $57 million of debt due in the next 12 months, racked up by hiring coach Roberto Mancini and players including former Chelsea star Didier Drogba, is drawing whistles from investors.

More:Debt Dwarfing Manchester United Shows Turkish Soccer Rot - Businessweek