BIST Increasing MNDRS.E 1.48 19.35 % ISBTR.E 25300 15.00 % INFO.E 4.6 15.00 % QNBFL.E 97.05 14.99 % QNBFB.E 32.7 12.29 % Decreasing ITTFH.E 4 -11.11 % BMELK.E 1.27 -9.93 % UZERB.E 2.45 -9.93 % DERAS.E 4.35 -6.45 % IZMDC.E 7.13 -5.06 % VIOP Most Change O_XU030E0220P134.000 % 455,56 O_XU030E0220P136.000 % 288,89 O_EREGLE0120P7.80 % -100,00 O_EREGLE0120P7.80 % -100,00 O_EREGLE0120P7.80 % -100,00 Highest Open Position F_XAUTRYM0220 554.116 F_XU0300220 473.477 F_KRDMD0120 404.047 F_TSKB0120 364.634 F_USDTRY0220 335.766

International Football Economy Forum (UFEF) 2019 held at Borsa İstanbul

21 November 2019 - 17:44

The 2nd edition of International Football Economy Forum was held by Turkuvaz Media Group, Sabah in the sponsorship with Borsa İstanbul on November 21, 2019.

The Forum started with the bell ceremony with the participations of Minister of Youth and Sports of the Republic of Turkey Dr. Mehmet Muharrem Kasapoğlu, Borsa İstanbul Chairperson Prof. Dr. Erişah Arıcan, Borsa İstanbul General Manager Mehmet Hakan Atilla, Turkey Football Federation President Nihat Özdemir,  Clubs Association President Mehmet Sepil, Sabah & Daily Sabah Print Media Executive Committee Member, Advertising General Manager Ceyda Uzman.

The Forum continued with the opening speeches of Minister of Youth and Sports of the Republic of Turkey Dr. Mehmet Muharrem Kasapoğlu, Borsa İstanbul General Manager Mehmet Hakan Atilla, Turkey Football Federation President Nihat Özdemir,  Clubs Association President Mehmet Sepil, Sabah & Daily Sabah Print Media Executive Committee Member, Advertising General Manager Ceyda Uzman.

Pointing out that football dominates the entertainment sector Minister Mehmet Muharrem Kasapoğlu said:

“Football needs to be handled as a sports activity that grows consistently every year, incorporates a large industry and dominates the entertainment sector of our time. The World football economy has exceeded  50 billion USD. Five major leagues, including France, Spain and Germany have a share of 15 percent. The total income of those countries is between 15-18 billion EUR. The value of our Super League is 615 million EUR.  Although we are the seventh country in Europe, the income of Netherlands which is not one of top 10 countries is 1 billion EUR above the income of Turkey. It is an important mission for us to gain the value our football deserves.”

In his speech, Borsa İstanbul General Manager Mehmet Hakan Atilla said “Football has an important share in sports activities. Actually, it does not seem possible to consider football only as a sport anymore. Because, when we look at the revenues that reach the billion dollar level, especially the market values of the clubs and the returning volume, I can easily say that we are talking about a different ecosystem here. Borsa İstanbul always wants to support our clubs in this sense. In particular, we want to assist them with our products and services which are used in order to manage foreign exchange risks. In the same way, I want you to know that we will make every effort to pave the way for our clubs to obtain financial resources they need through capital markets.”