The €500m Asset Galatasaray Have Been Forced to Sell To Raise Funds For Victor Osimhen

Galatasaray have officially completed the permanent signing of Nigerian striker Victor Osimhen from Napoli in a deal worth €75 million — a record-breaking figure in Turkish football history. 

The Super Lig giants had Osimhen on loan last season and, after a stellar campaign, deemed him worth the significant investment, triggering his release clause and offering him a lucrative contract until 2028, with an option to extend by another year.

But while the financial numbers behind the deal are staggering — €15 million annual salary, a €1 million loyalty bonus, and €5 million in image rights — the real intrigue lies in how Galatasaray managed to fund such a bold move.

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To secure Osimhen’s signature permanently, Galatasaray made a bold financial decision: selling their iconic Florya training ground to the Istanbul Metropolitan Municipality. The historic site, long associated with the club’s identity and player development, is expected to generate around €500 million in revenue. 

This transaction has become the cornerstone of Galatasaray’s aggressive summer strategy.

The club’s management has framed the sale as part of a larger plan to restructure finances, boost competitiveness, and regain continental relevance.

 In many ways, Galatasaray appears to be taking a page out of Real Madrid’s playbook — the Spanish giants famously sold their Valdebebas training ground to the city of Madrid for the same amount (€500 million) when faced with similar financial strain.

Beyond the Florya sale, Galatasaray are also rolling out a series of financial initiatives, including capital increases, new sponsorship deals, and ambitious real estate ventures aimed at solidifying their long-term financial position.

 According to German outlet Sky Sport, the club is expected to offload several more players in the current transfer window, further enhancing their spending power.

Osimhen’s transfer is the second headline move by Galatasaray this summer after they lured Leroy Sane from Bayern Munich. 

Though the German winger arrived on a free transfer, his contract matches Osimhen’s, earning him €15 million annually — a significant jump from the €10 million Bayern had offered in their contract renewal talks.

While some might view the sale of a cornerstone asset like Florya as a gamble, Galatasaray are betting on star power and success on the pitch to justify the risk. 

The additions of Osimhen and Sane signal the club’s intent to break new ground not just domestically, but in European competitions where they aim to become a serious contender once more.