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).
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
