Göztepe SK
Sport Republic acquisition · 19 Aug 2022
- Buyer
- Sport Republic
- Seller
- Mehmet Sepil
- Stake acquired
- 70%
- Control
- Yes
- Reported consideration
- Undisclosed
- Implied equity value
- —
- League
- TFF 1. Lig
- Country
- Turkey
- Confidence
- MEDIUM
Buyer profile: Sport Republic: clubs owned, where they buy next
Sport Republic acquired a 70% majority stake in Göztepe SK from Mehmet Sepil, announced 19 Aug 2022.
The purchase consideration was not disclosed.
- Announced
- 19 Aug 2022
- Closed
- 19 Aug 2022
- Stake after transaction
- 70%
- Status
- completed
Reported consideration
What the buyer reportedly paid for the stake
Implied 100% equity value
Calculated: consideration ÷ stake acquired
Reported club valuation
Enterprise value
Only shown when debt/cash near the transaction date is established
Debt assumed / restructured
Primary capital injection
Total announced investment commitment
Commitments are not purchase price and not valuation
Nearest pre-acquisition financial year: 2021/22
Revenue
Wages
EBITDA
Net debt
Net income
This is the second building block (after Southampton FC, January 2022) in Sport Republic's declared multi-club strategy, and the buyer record for both deals should be linked under the same 'sport-republic' entity/slug — Dragan Šolak (capital), Rasmus Ankersen (CEO, installed as Göztepe president) and Henrik Kraft are the named principals in both transactions.
- Göztepe SK official statement — 'Sport Republic ile Ortaklık Gerçekleşti' ↗Tier 1 · primary company
2022-08-19 · tr — “Club statement confirms 70% of Göztepe's shares transferred to Sport Republic at a press conference at Gürsel Aksel Stadium on 19 August 2022; Mehmet Sepil, Rasmus Ankersen, Henrik Kraft and Dragan Šolak (as Sport Republic's third partner) named as parties; Ankersen named club president; no price disclosed; negotiations traced back to September 2021.”
2022-08-19 — “Confirms Sport Republic's 70% controlling stake purchase on 19 August 2022; notes Göztepe plays in Turkey's second tier after relegation the prior season; explicitly links the deal to Sport Republic's 80% Southampton stake (bought January 2022) and its stated multi-club strategy targeting 'band two' leagues in Turkey, Belgium, Netherlands, Portugal; no price disclosed.”
2022-08-19 · tr — “Turkish-language report confirming 70% share transfer to Sport Republic; describes Göztepe as playing in TFF 1. Lig (second division) at the time; Sepil retains 30%.”
- SportBusiness — 'Sport Republic begins to roll out multi-club vision with Göztepe takeover' ↗Tier 4 · media
2022-08-22 — “Frames the Göztepe deal explicitly as the second step (after Southampton) in Sport Republic's multi-club strategy; identifies Dragan Šolak, Rasmus Ankersen and Henrik Kraft as the principals behind Sport Republic.”
- Ajansspor — 'Mehmet Sepil şaşırtan gerçeği açıkladı' ↗Tier 5 · media
2023 · tr — “Mehmet Sepil states in interview he received no personal payment for the 70% stake transfer: '1 dolar bile almadım. Ne euro ne de Türk Lirası…'; frames the transaction as relief from club debt rather than a cash sale to him personally, consistent with no disclosed consideration figure.”
- CNN Türk — Göztepe'nin satışıyla ilgili yeni açıklama (Mehmet Sepil press statement on deal structure) ↗Tier 3 · media
2022-07-14 · tr — “Sepil: "Bu anlaşmada Sports Republic, Göztepe kulübünün mevcut ortaklarına bir ödeme yapmıyor. Kendileri Göztepe kulübüne sermaye katılımı yaparak ... anlaşma yaptık. Bunun için de yüzde 70'ini Sports Republic devralacak" (Sport Republic makes no payment to existing shareholders; it takes 70% by subscribing capital into the club). "biz onlara borçsuz bir kulüp devretme taahhütünde bulunduk. Geçmişin tüm garantisinin bizim tarafımızdan karşılandığı bir kulüp devrediyoruz" (sellers committed to hand over a debt-free club and guarantee legacy liabilities).”
- Dünya Gazetesi — İzmir'in gözdesi Göztepe'de futbol reformu (interview with Göztepe CEO Kerem Ertan) ↗Tier 3 · media
2025-11-07 · tr — “"Sport Republic yönetim kurulunda kulübümüzde yüzde 70 hissedar olarak bulunuyor. Başkanımız Rasmus Ankersen, onursal başkanımız da diğer yönetim kurulu üyemiz Mehmet Sepil." (Sport Republic remains a 70% shareholder as of Nov 2025; Ankersen president, Sepil honorary president.) Estimated FY2024/25 football revenues €12–13m, of which ~€5.5m broadcasting; squad cost incl. tax ~€11m.”