‘Banking Association’ statement from Trabzonspor: We have no debt left

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Lerato Khumalo

Trabzonspor officially announced that they have withdrawn from the Banks Association agreement.

In the statement made by the club to KAP, “The loan agreement signed between our Company and the consortium consisting of TC Ziraat Bank, Denizbank and Türkiye Halk Bankası in the period 06/2019 and was restructured in the period 03/2021 and whose maturity was extended until 05/2030, publicly known as the Banks Association restructuring.” Within this scope, all loans used by our company and the interest related to these loans have been completely closed. Accordingly, our company has no loan principal or interest debts left with the banks.”