Adana Demirspor’s Staggering Debt Crisis

Zeybek, who is also the President of the Şimşekler Group Fan Association, evaluated the financial situation and goals of the club.

Zeybek pointed out the process initiated regarding the transfer of the club and said, “The shares of Adana Demirspor Sportif Yatırım AŞ and Adana Demirspor Futbol AŞ were held by Ali Sancak. We carried out the share transfers and registered them within a period of 3-4 months. Currently, Adana Demirspor Sportif Yatırım AŞ, Adana Demirspor Futbol AŞ and Adana Demirspor Football Club Association have passed into the hands of the fans. I and Mustafa Kemal, the President of the Kuzey Kalesi Arkası Şimşekler Group Fans Association. Üstüner, we took over all the shares of the companies.” he said.

Emphasizing that they have undertaken a great financial responsibility, Zeybek said, “Our aim is to let Adana Demirspor live, let’s keep it alive, let’s follow the path together, otherwise none of us would be happy if the club closes down. We put our hands and even our bodies under the responsibility. We will explain this to the city and raise the team with the people and the community. After the league ends, we will hold a general assembly in May and pave the way for the new management.” he said.

‘THE CAMPAIGN WILL CONTINUE’

Stating that the “Long Live Demirspor” campaign, which was implemented by the fan group Şimşekler on July 8, 2025, to pay the team’s debts, was extended for another year, Ertan Zeybek stated that they will support the work.

Zeybek emphasized that the money accumulated in the campaign can only be used for the club’s debts under the supervision of the governor’s office and said, “It is not possible to use it outside of the debt anyway. That’s why it is a very transparent, clear campaign and one that everyone can support with peace of mind.” he said.

Stating that they are working to determine the net debt of the club, Zeybek said, “The debt is currently around 25 million Euros. Interest on the debt also accrues on a daily basis. For example, if we consider that Adana Demirspor has 10 million Euros in its safe, I believe that 90 percent of the debt will be paid off because these are debts that can be paid off through bargaining and bilateral dialogue. By sitting with the creditors and bargaining and saying, ‘This is the power of the fans, this is how much money we have collected,’ these debts can be minimized.” downloadable.” he said.

Stating that their aim was to pave the way for the management of the club, Zeybek continued: “Before this, there was a lack of seriousness in those who wanted to take over the club. Now there is no such thing. All the addressees are the fans of the club. This was an important step to pave the way for investors and those who want to manage. We achieved this. Hopefully, Adana Demirspor will rise to the place it deserves together. Adana Demirspor is Adana’s greatest asset, its brand. This club has survived just as it has since 1940. “It will live with the dynamics of the city, its community and its fans. Everyone will do their part as much as they can.”

Adana Demirspor, which was in the last place in the Trendyol 1st League with -40 points, was mathematically certain to be relegated.