Presidential Decree on the Ban of the Foreign Currency for Domestic Players

Presidential Decree on the Ban of the Foreign Currency for Domestic Players

With the Presidential Decree published on 13 September 2018, the restriction on the payments in contracts with foreign currency or indexed to foreign currency has been introduced and implemented. Within this framework, the contracts of Turkish football players, which were made in foreign currencies, started to be converted into Turkish Lira.

Presidential Decree no. 85, 13 September 2018

 

The President of the Clubs’ Association of Turkey, Fikret Orman, stated that: “As per to the Presidental Decree; resident players, coaches and also managers return to the Turkish Lira...

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