Galatasaray Sponsor GKN Cargo Applied for Concordat

One of the representatives of the cargo sector that has become widespread in recent years, GKN Cargo There was a remarkable development regarding the issue. The company, which made a sponsorship agreement with Galatasaray a while ago, requested concordat. According to the information obtained, the company’s debt 500 million TLIt has exceeded .

In the application made to the Istanbul 1st Commercial Court of First Instance, the company was asked for possible liens. requesting protection learned. With this; It was stated that the court gave the company a temporary respite of 3 months. A “concordat commissioner committee” was formed to manage this process. In the statements on the subject, the company’s total assets 281 million 194 thousand TL It was stated that.

Allegedly, it was the Galatasaray sponsorship that brought GKN Cargo to this state.

GKN Kargo sat down with Galatasaray in July 2023 and signed a sponsorship agreement. According to this agreement, the company will be transferred to Galatasaray. 42 million TL He would pay. It was learned that this sponsorship agreement was exactly the reason that led to the concordat. In the petition submitted to the court, “Our company has become immobile.” statement was included. Allegedly, the sponsorship was GKN Cargo’s financial structure is corrupted.

When we checked the social media accounts of GKN Kargo and Galatasaray, there was nothing regarding the issue. no explanation was given We see. If a new statement comes on the subject, we will continue to inform you.