Can Natan said that they’ve gathered the adjustments within the Statutory Modification Draft below three essential headings and mentioned, “The primary of those is to alter the membership’s exercise 12 months to start out on June 1 and finish on Could 31, according to the exercise 12 months of Sportif AŞ, and to replace the company calendar accordingly. The primary goal of that is to eradicate the monetary 12 months distinction between the membership and Sportif A. he mentioned.
In reference to this alteration, Natan mentioned that updating completely different dates such because the annual bizarre basic meeting assembly, membership software and acceptance dates within the exercise 12 months of the membership got here to the agenda.
“Then again, the election date has been preserved because the second half of Could. The primary cause for that is to permit the newly elected administrations the mandatory time to type the soccer workforce, which is the locomotive of our membership when it comes to sports activities, according to their objectives and visions. As well as, the price range that’s mentioned and determined in our annual bizarre monetary basic assemblies. It’s envisaged that the brand new modification can be mentioned at a separate price range basic meeting to be held in April yearly.
A single launch vote
Can Natan, emphasizing that the second essential title within the invoice is concerning the software of launch, continued his phrases as follows:
“The second essential subject in our present statute is the difficulty of regulating the monetary and administrative separate launch of the board of administrators as a single launch vote. As it’s identified, in accordance with the settled jurisprudence of the Supreme Courtroom, the essential factor in all transactions and actions of sports activities golf equipment is to present an account of the cash. It isn’t legally attainable to attribute faults to the boards of administrators from an administrative viewpoint. As a matter of reality, the choices of the boards of administrators that we witnessed in earlier intervals to be launched financially and to not be launched administratively had been canceled by the judiciary. With this modification proposal, it’s aimed to harmonize our statute with the judicial selections when it comes to launch and to eradicate the resentments skilled or more likely to be skilled in our membership.”
Proposal to scale back the time period of workplace of the board of administrators to 2 years
Explaining that the final title within the draft is concerning the phrases of workplace of the boards, Natan mentioned, “It is strongly recommended that the phrases of workplace of the board of administrators and different boards be diminished to 2 years. The primary goal of this proposal is to replicate the desire of the overall meeting within the statute on the size of the time period of workplace, which generally constitutes one of many causes for the choices to not be launched from the executive viewpoint. and to present the administrations which have misplaced their dynamism the chance to resume their boards of administrators each two years. used the phrases.
Lack of 543.9 million lira within the first 6 months
Galatasaray Membership Board Member Levent Yaz made a presentation concerning the membership’s monetary studies for the primary 6 months on the assembly.
Levent Yaz said that based on the consolidated studies of the membership and its subsidiaries, which had been ready and independently audited as of June 30, 2022, the losses for the 6-month interval amounted to TL 543.9 million.
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