Turkish football club debts will not be transferred to single bank - banking association


ISTANBUL (Reuters) - The loans of Turkish football clubs will not be transferred to a single bank during their restructuring and all banks will continue managing their loan risks, Turkey's TBB banking association said on Monday.

TBB is in talks with the chairmen of the country's top football clubs to restructure mounting debts totalling more than 10 billion lira (£1.4 billion).

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