-
LeBron, Sixers spoil Knicks party as NBA season tips off
-
'To the shelter, quickly!' Air raids reshape Kyiv school life
-
Man in court over alleged 'targeted' attack on Australian lawmaker
-
'Leave us alone!' DC golfers fear worst over Trump's course remodel
-
Regulator has 'power' to force Man City sale
-
NFL players union wants probe into Hurts' medical care
-
Man allegedly behind 'targeted' attack on Australian lawmaker appears in court
-
Man allegedly behind 'targeted' attack on Australian lawmaker due in court
-
Musk backs SpaceX-Tesla merger as rocket firm turns profit
-
Netflix shares drop on slowing engagement, revenue growth
-
Zelensky, US hail 'productive' talks to end Trump feud
-
Rodri needed a rest for Barcelona ahead of Clasico, says Flick
-
'Unbelievable' Foden back in the groove with treble in Man City rout
-
Musk says backs SpaceX-Tesla merger as rocket firm turns profit
-
Pistons rally to beat Celtics in NBA 2026-27 season opener
-
US regulators certify Boeing 737 MAX 10 after delays
-
PSG late show downs Barca in Champions League, Liverpool fight back
-
PSG strike late to get better of Yamal and Barcelona in Champions League
-
Liverpool strike back to beat Villarreal in seven-goal thriller
-
Foden hat-trick fuels Man City rout of AEK Athens
-
Dow boosted as markets rotate from tech shares
-
Trump says he wants Zelensky to 'make a deal' with Russia
-
Zelensky hails resumption of US advance warning of strikes on Ukraine
-
'I want it so badly': PSG heartbreak fuelling Arsenal, says Arteta
-
Carrick says only wins can ease doubts over Man Utd future
-
Lula campaign seeks to disqualify Bolsonaro over Meta 'interference'
-
Top NBA Draft pick Dybantsa to miss opener with ankle sprain
-
All who profited from fund scandal 'identified': Turkish minister
-
Italy sends troops, toughens security laws after Milan clashes
-
Christina Applegate says she was misdiagnosed with MS
-
Alberta separatists vow to fight on, risking turmoil for Canada
-
Ronaldo let Man Utd down says Ten Hag
-
Two men re-arrested for suspected spying for Iran in airbase scare: UK police
-
Meta says it complied with Brazil court order to treat candidates equally
-
Guatemalan man gets 30 years for truck smuggling deaths of 53 migrants
-
Inequality is major factor in impact of non-communicable diseases : WHO
-
'Clayface' gets under the skin of the superhero genre
-
Italy to send 500 troops to Milan after clashes
-
Zelensky, US envoys hold Oslo talks as Ukraine claims US missile holdup
-
BBC slashes 100 jobs, closes two channels
-
All-rounder Minhas stars as Pakistan crush England in tri-series
-
Tech jitters lead stocks lower, oil surges then slides
-
Bavuma hits 179, Rabada strikes as South Africa dominate
-
Wild West Wing? Turmoil revives memories of Trump 1.0
-
Allrounder Minhas stars as Pakistan crush England in tri-series
-
Tap water no longer drinkable near South Africa capital
-
Albania PM blames 'hybrid war' for week of unrest
-
Arsenal coach Arteta always a leader, says former teammate Gnabry
-
Bavuma hits 179 to lead South African fightback
-
Investors pledge 230 billion euros at German summit: Merz
Turkish clubs take financial hit to attract big names in transfer market
Turkey's biggest clubs lured established stars including Mauro Icardi, Hakim Ziyech and Wilfried Zaha to the Super Lig in the transfer window with a spending spree that leaves them slipping further into the red.
Many eyes have been on Saudi clubs' remarkable transfer outlays which have rivalled those of the top European sides, but Turkish teams have been signing big names under the radar.
Fenerbahce, Galatasaray, Besiktas and Trabzonspor, the four biggest Super Lig clubs, spent almost 120 million euros ($128 million) between them during the summer window, which ended on Friday evening in Turkey, while only receiving less than 80 million euros in fees.
"It was a fiercely contested transfer window," said Galatasaray Vice-President Erden Timur earlier in September.
Timur said Turkish clubs were forced to change tack due to inflated fees caused by the Saudi clubs' sudden emergence.
"The average price (for players) multiplied by two or even two and a half, so we had to change strategy," he added.
"We had a spending limit and had to turn to free agents."
Galatasaray has brought in several household names, with former Crystal Palace star Zaha joining on a free transfer, while Ziyech and Tanguy Ndombele have signed on loan deals from Chelsea and Tottenham respectively.
Argentine striker Icardi was snapped up from Paris Saint-Germain for just 10 million euros after a successful loan spell last season, as defender Davinson Sanchez was signed for 9.5 million euros from Spurs.
Fenerbahce signed Cengiz Under from Marseille and Brazil midfielder Fred from Manchester United.
Alex Oxlade-Chamberlain and Eric Bailly have arrived at Besiktas on free transfers from Liverpool and Manchester United respectively, while Trabzonspor took on Nicolas Pepe when his Arsenal deal ran out.
Reigning Turkish champions Galatasaray spent 30 million euros this summer, down on the 43 million of the same window last year.
- Debt-ridden clubs -
However, the payment of high salaries -- more than 90 million euros for the coming season just for Gala and arch rivals Fenerbahce -- risks plunging debt-ridden clubs into financial crises.
According to economist Kerem Akbas, author of a book on Turkish football finances, the big four clubs had two billion euros of debt between them at the end of August.
"There were a lot of recruits who were at the end of their contracts, like Icardi, who were cheap... but the salaries of these players are much higher than the clubs' income," Turkish sports journalist Alp Ulagay told AFP.
Ulagay said TV rights have lost significant weight for clubs in Turkey due to the devaluation of the Turkish lira against the euro and US dollar.
Only European competitions could help Turkish clubs make back their cash, but Galatasaray will be the sole Super Lig team in this season's Champions League.
The economist Akbas believes trying to appease devoted football fans in the country pushes clubs into spending money they cannot afford.
"Some salaries are covered by the sponsors although UEFA does not favour this," said Akbas.
"Every transfer window, the teams are essentially managed by the fans via social media.
"The clubs are in a tight financial spot as a result of fan pressure and executives' quest for fame...
"The government permits it. Otherwise, with these financial statements, the clubs would have gone bankrupt long ago."
There is no sign of Turkish clubs slowing down in their attempts to sign famous players.
Outside of the big four teams, another familiar face returned to Turkey on deadline day, as former Manchester City and Inter Milan striker Mario Balotelli signed for a second spell with Adana Demirspor.
V.Said--SF-PST