Bodrum FK Worldwide Management Network
Strictly Confidential
TTMIB
Worldwide Management Network · Time to make it better
Investment Memorandum · April 2026 · Strictly Confidential

Sipay Bodrum FK —
A Location-Driven Football Platform
in Türkiye's Premium Mediterranean Market

A professionally incorporated football club backed by one of Türkiye's most powerful industrial dynasties — the Öztürk family, founders of OPET and Öztürk Group. First club from Muğla Province ever to compete in the Süper Lig. Currently competing in TFF 1. Lig, Top 7 of 20 clubs. Majority acquisition opportunity: 80% controlling stake.

€15–25M
Target Investment Range
80%
Majority Stake Available
Top 7
TFF 1. Lig · 20 clubs · 2025–26
Est. 1931
94-year institution · Bodrum
Prepared byTTMIB Worldwide Management Network
DateApril 2026
Target InvestorUS-based strategic investor
Bodrum harbour Stadium at night Airport
01 — Executive Positioning

What Sipay Bodrum FK actually is

Not this
A distressed lower-tier club with no backing
→ Backed by OPET founders & Öztürk Group
Not this
A theoretical promotion case
→ Proven Süper Lig participant 2024–25
Not this
An isolated football shell
→ Embedded in a billion-dollar industrial ecosystem

Sipay Bodrum FK is not a random lower-tier club. It is a location-driven, institutionally structured football platform in Bodrum — one of the Mediterranean's most prestigious resort destinations — backed by the Öztürk family, co-founders of OPET (Türkiye's 2nd largest fuel distributor, jointly owned with Koç Holding) and founders of Öztürk Group (56 countries, 1,100+ projects, ENR Global Top 20). The club made history in May 2024 as the first club from Muğla Province ever to reach the Süper Lig. It is now available for majority acquisition at second-division pricing — with first-division infrastructure and track record.

€14.2M
Current squad market value
TFF 1. Lig 2025–26
4.32M
Milas-Bodrum Airport
passengers 2024
56
Countries — Öztürk Group
operational footprint
1,800+
OPET fuel stations
across Türkiye
02 — Destination: Bodrum, Türkiye

The real competitive advantage is Bodrum

Sipay Bodrum FK is the only top-division-calibre football club in one of Europe's most internationally recognised luxury resort destinations. This changes the commercial ceiling completely.

Bodrum coastline
Bodrum · Castle & Coastline
Bodrum harbour
Bodrum · Marina & Harbour
Premium hospitality
Bodrum · Premium Lifestyle & Hospitality
Bodrum & Türkiye — Verified Destination Data
LocationBodrum, Muğla Province — Aegean / Mediterranean coast, southwestern Türkiye
Milas-Bodrum Airport (2024)4.32 million passengers — dedicated international terminal (DHMİ official data)
Sea / cruise arrivals~470,000+ via Bodrum marina and cruise ports annually
Top visitor originsUnited Kingdom, Russia, Poland, Germany, Netherlands
Luxury hotel brandsAman Bodrum, Mandarin Oriental, Six Senses Kaplankaya, EDITION, Maxx Royal, Scorpios (Soho House & Co.)
Türkiye tourism revenue$61.1 billion (2024) — all-time record, +8.3% YoY · 4th most visited country globally
National air passengers247.2 million in 2025 — all-time national record (Invest in Türkiye)
Tourism / GDP~10% of national GDP · ~5% of total employment in Türkiye
Milas-Bodrum Airport
Milas-Bodrum Airport · 4.32M Passengers (2024)
4.32M
Milas-Bodrum Airport · 2024
$61.1B
Türkiye tourism revenue · 2024
All-time record
Why Bodrum changes the commercial model for a US investor
  • Only top-flight-calibre club in a city with Aman, Mandarin Oriental, Six Senses and Scorpios as neighbours
  • Hospitality, VIP, premium event and lifestyle sponsorship categories unavailable to any inland Türkiye club
  • International pre-season destination — content, media and brand storytelling built into the location
  • Real estate corridor: any stadium or training facility development sits within Bodrum's premium property market
  • For a US investor: no comparable club in European football combines this destination profile with this acquisition price point
03 — Club Profile: Sipay Bodrum FK

Sporting record & structural facts

Sipay Bodrum FK — Verified Club Profile
Full nameSipay Bodrum Futbol Kulübü A.Ş. (Sipay Bodrum FK)
Legal formSpor Anonim Şirketi (Sports Joint-Stock Company) — incorporated November 2019 under Turkish sports law (Law No. 7405)
Founded1931 by Derviş Görgün — 94-year institutional history in Bodrum
Home cityBodrum, Muğla Province, Türkiye
Kit coloursGreen & White
Current competitionTFF 1. Lig (National 2nd Division) — Top 7 of 20 clubs, 2025–26 season
Top-flight historyTrendyol Süper Lig participant 2024–25 — first and only club from Muğla Province ever to reach the Süper Lig
Promotion to Süper Lig31 May 2024 — playoff final victory vs. Sakaryaspor (3–1 a.e.t.) — national headline event
Squad market value~EUR 14.23M current · ~EUR 20.9M peak (Süper Lig season 2024–25)
Squad~30 players · avg. age 24.2 · ~30% international · 2 senior national team players
StadiumGrey Beton Bodrum İlçe Stadyumu · 4,245 seats · natural grass · floodlit · 105×68m
FederationTürkiye Futbol Federasyonu (TFF) — fully licensed, compliant
Stake on offer80% controlling interest — Öztürk family retains 20% as continuity partner
1931
Founded by Derviş Görgün in Bodrum. Club competes in regional amateur leagues for decades. Green & white established as club colours.
2019
Incorporated as Bodrumspor Spor Faaliyetleri A.Ş. — registered in the Turkish Trade Registry (November 2019). Professional football operations separated into a joint-stock company structure.
2022
Promoted to TFF 1. Lig (National 2nd Division) after playoff final. Fikret Öztürk and the Öztürk family assume active ownership. Naming rights sold to first title sponsor.
2023–24
Club rebranded as Bodrum Futbol Kulübü. Sipay acquired title naming rights — club becomes Sipay Bodrum FK. International coaching appointments made. Promotion push begins.
31 May 2024
Historic: Süper Lig promotion. Sipay Bodrum FK defeats Sakaryaspor 3–1 (a.e.t.) in the TFF 1. Lig playoff final. First club from Muğla Province to reach the top flight. Nationwide media coverage.
2024–25
Süper Lig debut season. Squad peaks at EUR 20.9M. Head coach José Morais appointed February 2025. Club relegated at season end — board transition begins.
2025–26
TFF 1. Lig — Top 7 position. Board transition underway. Taner Ankara serves as current Yönetim Kurulu Başkanı. Fikret Öztürk holds Onursal Başkan (Honorary President) role. Acquisition window open.
04 — Stadium & Infrastructure

Grey Beton Bodrum İlçe Stadyumu — compact, atmospheric, upgradeable

Bodrum Stadium at night
Bodrum FK Home Stadium · Matchday at Night · Floodlit
Bodrum Stadium aerial
Bodrum FK Home Stadium · Aerial View · Daytime
Grey Beton Bodrum İlçe Stadyumu — Verified Data
Capacity4,245 seats (TFF official) · 4,243 (Transfermarkt) · all seats covered
Playing surfaceNatural grass · 105 × 68 metres · no running track
LightingFloodlights installed — broadcast capable
CharacterCompact, enclosed, strong acoustic atmosphere — excellent for TV branding and content production
Club facilities
Club Operations · Business & Event Infrastructure
Modern stadium reference
Infrastructure Reference · Modern Venue Standard
Opportunity
  • Compact and fully covered — strong media and branding footprint
  • No running track — pure football identity, close camera angles
  • All-weather hospitality packaging possible (all seats covered)
  • Embedded within Bodrum — destination backdrop for every matchday broadcast
Honest Limit
  • 4,245 seats is too small for a full Süper Lig revenue case
  • No premium seating / corporate hospitality in current configuration
  • Acquirer must include stadium expansion roadmap in investment plan
  • Alternative: position as talent-trading and brand platform, not ticket-revenue play
05 — Ownership & Industrial Ecosystem

The Öztürk Family — OPET, Öztürk Group & Koç Holding

Sipay Bodrum FK is not an isolated football club. It sits inside one of Türkiye's most powerful industrial ecosystems — the Öztürk family network, which controls and co-owns some of the country's most significant energy and infrastructure businesses.

🏛
Öztürk Group — Founding Family Holding
Founded 1982 by Fikret Öztürk and Nurten Öztürk in Mersin as Öztürkler Limited. Corporate identity established 1995. Active in 6 sectors: Energy, Petroleum, Mining, Finance, Construction, Defence Industry. Operations across 56 countries, 1,100+ completed mega and sectoral projects. Ranked 18th globally in the ENR (Engineering News-Record) Top 250 Contractors list (2015). One of Türkiye's most internationally active industrial conglomerates.
Founding Shareholder — Sipay Bodrum FK
OPET Petrolcülük A.Ş. — 50/50 Öztürk Family & Koç Holding
Founded 1992 by Fikret & Nurten Öztürk as Öztürkler Petrol. Renamed OPET. Koç Holding acquired 50% in 2002. Today: Türkiye's 2nd largest fuel distributor — 1,800+ retail stations (OPET + Sunpet brands). Storage capacity exceeding 1.1 million m³. Ranked 25th in Fortune 500 Turkey by revenue. Pioneer: first company to introduce 98-octane unleaded fuel and Ultra Euro Diesel to Turkey. Operations: retail, commercial/industrial fuels, lubricants, storage, international trade. Fikret Öztürk: Founding Chairman of the Board (OPET official website).
Core Revenue Asset · Öztürk Family
THY OPET — 50/50 OPET & Turkish Airlines (Türk Hava Yolları)
Founded 2009. Aircraft fuel storage and refuelling operations at major Turkish airports. Joint venture between OPET and Turkish Airlines — one of the world's largest airlines by number of destinations. Provides Öztürk Group with direct presence in the aviation fuel sector and institutional linkage to Türkiye's national carrier.
Aviation Energy · Turkish Airlines Partnership
🏭
Koç Holding — Industrial Co-Owner via OPET (50%)
Türkiye's single largest industrial conglomerate. Listed on Borsa Istanbul. Active in automotive (Ford Otosan, Fiat/Tofaş), energy, banking (Yapı Kredi), retail (Migros), tourism, and defence. International JV partners: Ford, LG, Samsung, Fiat. Ali Koç — Chairman of Koç Holding Energy Group (OPET co-owner) and President of Fenerbahçe S.K. Multi-billion EUR annual revenue. Through OPET, Koç Holding is indirectly connected to the Bodrum FK ecosystem.
Industrial Co-Owner via OPET · 50%
Sipay Bodrum FK — Sports A.Ş. · Investment Target
Professional football operating entity (Spor Anonim Şirketi). Current Board: Taner Ankara (Yönetim Kurulu Başkanı / Board Chairman), Selahattin Polat (Başkan Vekili / Vice-Chairman) — both publicly listed on the official club website.

Fikret Öztürk transitioned to Onursal Başkan (Honorary President) following a formal leadership handover to Aşkın Demir, and then to the current board. The Öztürk family retains a 20% minority stake — ensuring institutional continuity, OPET commercial connectivity, and local market access.

Investor note: Multiple governance transitions are publicly documented. Before closing, the acquirer must establish who holds economic control and signing authority in the current structure.
80% Majority Stake — Available for Acquisition
OPET — Key Figures
1,800+
Retail fuel stations
(OPET + Sunpet)
#25
Fortune 500 Turkey
by revenue
1.1M m³
Storage capacity
competitive advantage
50/50
Öztürk Family
+ Koç Holding
Active Sponsor & Partner Stack — Verified (Official Club Website)
Sipay
Title Sponsor · Fintech / Digital Payments
OPET
Energy Partner · Öztürk family fuel network
Puma
Kit Supplier · International Sports Brand
Acıbadem
Healthcare Partner · National Hospital Group
Regnum Carya
Hospitality Partner · Luxury Resort Group
What the Sponsor Stack Signals — And What Still Needs Verification

Active sponsors including Sipay, OPET, Puma, Acıbadem and Regnum Carya confirm that this is not a commercially empty shell. The presence of OPET as a sponsor also reinforces the Öztürk family's ongoing commercial commitment to the club. However, an investor requires:

  • Full contract terms: duration, renewal, cash vs. contra breakdown
  • Naming rights structure and cancellation clauses
  • Which sponsors are structurally committed vs. dependent on Öztürk family relationships
06 — Market: Turkish Football

The Süper Lig — a trading and performance market

Turkish football is not a developmental sideshow. The Süper Lig is one of the strongest football markets outside Europe's Top 5 — high salary structures, active international transfer windows, and growing broadcast rights. Entry via TFF 1. Lig provides structural pricing advantages without sacrificing proximity to the top level.

Turkish Football Market — Key Facts
Top divisionTrendyol Süper Lig — 18 clubs (2025–26) · governed by TFF (Türkiye Futbol Federasyonu)
Salary environmentOne of the strongest compensation markets outside Europe's Top 5 leagues
Transfer flowHigh-volume active market — strong inbound/outbound international player activity year-round
European accessSüper Lig clubs participate in UEFA Champions League and Europa League qualifying
Currency angleEUR / USD acquisition · TRY operational costs — structural discount for foreign investors
Legal frameworkSpor Anonim Şirketi structure (Law No. 7405) — foreign majority ownership legally possible and structured
Broadcast growthExpanding domestic and international TV rights — beIN Sports, digital platforms, regional broadcasters
Repricing triggerReturn to Süper Lig — immediate 2–3× club valuation uplift expected
Why TFF 1. Lig entry is the right timing
  • Lower acquisition cost than Süper Lig entry — with Süper Lig track record still fresh
  • EUR/USD acquisition with TRY cost base — hard-currency structural advantage
  • Commercial upside exists before promotion; valuation reprices sharply on return to Süper Lig
  • Post-relegation board transition = rare majority stake availability
  • Club infrastructure already built to Süper Lig standard
What EUR 15–25M buys
  • 80% controlling stake in Sipay Bodrum FK A.Ş.
  • 2–4 targeted player reinforcements for Süper Lig promotion push
  • Commercial repositioning — new sponsorship categories, Bodrum premium positioning
  • Selective infrastructure investment (stadium expansion roadmap)
  • Academy and player-trading programme activation
  • TTMIB three-market management (MLS / Europe / Africa) from day one
07 — Strategic Pipeline: MLS · Europe · Africa

Sipay Bodrum FK as the connecting platform

For a US-based investor, Sipay Bodrum FK is more than a football acquisition. It is a strategically positioned platform at the intersection of three of the world's most active football markets: MLS, Europe and Africa. TTMIB's operational presence across all three markets makes this connection immediately deployable from day one of acquisition.

MLS ↔ Europe — the bilateral pipeline
  • Sipay Bodrum FK sits in a top European-adjacent league — ideal stepping stone for MLS players targeting European exposure
  • Loan, development and pathway deals between MLS clubs and Bodrum FK create structured bilateral player flow
  • US investors in European football use second-division clubs as development and proving grounds before top-flight placement
  • American ownership opens new MLS-linked sponsorship categories and co-branding opportunities
  • Bodrum's destination profile is a natural fit for US travel, lifestyle and premium brand partners
Africa ↔ Europe — the talent corridor
  • TTMIB's licensed scouting and agent network across West and Central Africa creates a direct talent pipeline into Bodrum FK
  • African players developed at Bodrum FK become tradeable assets into MLS, Süper Lig or top European leagues
  • Transparent contracts, regulated transfers, full FIFA compliance — clean, institutional-grade transactions
  • Sell-on clauses and co-ownership structures allow the investor to participate in the full player value chain
  • Three-market model: source in Africa → develop in Bodrum → place in MLS or Europe
TTMIB as your structural management partner across MLS, Europe and Africa
  • Licensed FIFA agent and management network operational across Africa, Europe and North America
  • TTMIB connects the pipeline: African scouting → development at Bodrum FK → MLS or top-flight placement
  • For a US investor, this is the differentiator: not just buying a European club — buying into a three-market operating system
  • TTMIB provides ongoing football management, transfer strategy, scouting oversight and commercial partnership development
  • Alper Kinali (FIFA License 202411-9167) and Ismail Inanc (Director of Football) as operational partners on the ground
08 — Investment Case

Opportunities & hard risks — unvarnished

Why this case is attractive
Location: Bodrum — not a grey industrial market. High-value Mediterranean brand destination with 4.32M airport passengers and Aman, Mandarin Oriental as neighbours.
Öztürk / OPET ecosystem: Türkiye's 2nd largest fuel distributor co-owned with Koç Holding — extraordinary industrial backing for a club at this level
Proven Süper Lig capability: top-flight participant 2024–25 — the track record is real, not theoretical
TFF 1. Lig entry price with Süper Lig infrastructure — immediate 2–3× repricing trigger on return to top flight
EUR/TRY structural discount — hard-currency acquisition, local-currency cost base
TTMIB three-market pipeline (MLS / Europe / Africa) — competitive talent advantage from day one
OPET, Puma, Sipay, Acıbadem active as sponsors — commercial base already operating
Spor A.Ş. structure makes institutional foreign investment legally straightforward
Hard risks — cannot be softened
No publicly available audited financials — biggest single deal risk. Non-negotiable due diligence requirement before any offer.
Multiple governance transitions: Fikret Öztürk → Aşkın Demir → Taner Ankara. Must verify who holds economic control and signing authority today.
4,245-seat stadium ceiling — too small for full Süper Lig revenue case. Stadium strategy must be part of acquisition plan.
Promotion/relegation volatility — Bodrum FK is not a stable cashflow asset. Active sporting management required.
OPET/Öztürk sponsor dependency — which commercial relationships are structural vs. personal to the founding family?
Turkish M&A complexity — TFF regulatory approval, FFP/licence check, local M&A counsel required. Not a simple deal structure.

"Sipay Bodrum FK is a location-strong, industrially backed, commercially embedded football platform with genuine growth upside — but only as a screened opportunity requiring structured, comprehensive due diligence before any binding commitment."

09 — Due Diligence Checklist

What a serious acquirer must request

No credible buyer process is complete without the following. TTMIB coordinates data room access post-NDA. Turkish M&A / sports law counsel is a non-negotiable requirement.

A — Corporate & Ownership
Current Turkish Trade Register extract
Articles of association / Şirket sözleşmesi
Full shareholder list / cap table
Beneficial ownership documentation
Org chart: club / A.Ş. / affiliates
Board resolutions & signing authority
Related-party transactions (incl. OPET)
B — Finance
3 years audited financial statements
Current management accounts / YTD
Full liabilities schedule
Tax & social security (SGK) status
Open litigation / legal disputes
Outstanding transfer / agent payments
Budget 2026/27
C — Football Operations
Full squad with contract expiry dates
Salary and bonus structure
Transfer obligations and payables
Sell-on / agent / commission exposure
Academy structure and pipeline
Medical overview
FIFA / CAS / TFF pending cases
D — Commercial
All sponsor contracts (Sipay, OPET, Puma, Acıbadem, Regnum Carya + others)
Naming rights agreement (Sipay)
Kit supplier contract (Puma)
Ticketing / hospitality / merchandising
Digital / media / social analytics
Stadium usage agreement
Training ground / infrastructure contracts
E — Regulatory (TFF)
TFF licence status (current cycle)
Club licensing file
Financial Sustainability / FFP compliance
Any TFF sanctions or warnings
Stadium safety / TFF licensing certificates
F — Transaction
Clear identification of selling parties
Confirmation of disposal authority
Pre-emption rights of existing shareholders
Encumbrances on shares or assets
TFF consent for ownership change
Tax structuring for acquisition vehicle
10 — Deal Structure

Transaction framework

Proposed Transaction Structure
Transaction typeMajority equity acquisition — direct share purchase in Sipay Bodrum FK Spor A.Ş.
Stake offered80% controlling interest
Vendor stake retained20% — Öztürk family (continuity and commercial connectivity partner)
ConsiderationEUR 15,000,000 – EUR 25,000,000
CurrencyEUR / USD (structured to investor preference)
Governing lawTurkish Commercial Code (TCC) / Turkish Sports Law (Law No. 7405) — international arbitration available
Regulatory approvalTFF consent required for ownership transfer — standard process for Spor A.Ş. structures
Board rightsMajority board seats proportional to 80% holding
TTMIB roleExclusive deal arranger + ongoing football management partner (transfers, scouting, commercial)
Required counselTurkish M&A / sports law counsel — TTMIB can provide referrals
Process — Steps to Closing

Step 1 — NDA execution (TTMIB provides template)
Step 2 — Proof of Funds at EUR 15M+ level
Step 3 — Introductory meeting: Investor ↔ TTMIB ↔ Öztürk family / board
Step 4 — Data room access (4–6 weeks due diligence)
Step 5 — Term Sheet and valuation negotiation
Step 6 — Share Purchase Agreement + TFF approval + closing

TTMIB's Honest Assessment

Present Sipay Bodrum FK not as a "finished deal ready to close tomorrow" but as what it is: a "location-strong, industrially backed football platform — screened opportunity requiring immediate structured due diligence."

That is the right altitude. The story is strong. The data must confirm it.

11 — Access Conditions

Next steps — how to proceed

Full financial documentation, legal chain, shareholder structure, sponsor contracts and transaction mechanics are available to qualified investors upon the following three conditions.

01
NDA Execution
Mutual Non-Disclosure Agreement. Template provided by TTMIB immediately upon request.
02
Proof of Funds
Documented investment capacity for the EUR 15–25M transaction range or above.
03
Strategic Alignment
Brief statement of investment rationale, intended operational role, and investing entity background.

Upon completion: TTMIB provides full access to corporate registry, TFF licensing documentation, audited financials (to the extent available), squad contract summaries, sponsor agreement summaries, and arranges direct introduction to the Öztürk family / current board. TTMIB acts as exclusive deal arranger and ongoing football management partner throughout.