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Victor Moses' new Turkish club in huge £548m debt after making big signings

- Victor Moses will have to help his new club battle Fenerbache battle relegation this season

- Despite signing high-profile players the club are currently in 15 place in the 18-team league

- The Yellow Canneries are understood to run into financial crisis with a £548million debt

Victor Moses has been added to the star-studded Turkish club Fenerbache but the team are currently in 15th position battling for survival.

The Turkish giants who is among one of Europe's best supported clubs are currently on the decline and could be relegated if they fail turn around their fortunes.

With an estimated 28million supporters worldwide, the football club have signed great players like Jay Jay Austin Okocha, Roberto Carlos, Jose Marie Guti, Robin Van Persie and legendary Turkish keeper Rustu Recber.

However, the Yellow Canneries have been struggling, dropping points against Buraspor with a squad that have the likes of Martin Skrtel, Roberto Soldado, Andre Ayew and Islam Slimani.

READ ALSO: Manchester United fans claim about Lukaku and out of favour Arsenal star Ozil

And now ex-Super Eagles star Victor Moses has been signed on loan from Premier League side Chelsea, with the hope of changing their dwindling form.

According to Daily Mail, Fenerbache used their increased broadcast revenues to gamble on huge signings with the aim of adding a million members to their fan base.

But, the strategy proved costly on resources as club President Ali Koc revealed they had generated a massive £548million in debts last July.

In 2013, the club were axed from participating in European competitions for two years following their involvement in match-fixing scandal on the domestic scene.

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"Nobody could have predicted this crisis. I apologise for the suffering that has been caused," the club president bemoans.

The last time Fenerbahce finished outside the top three places was in 2009 but their current form see them winless in their last nine games.

However, Fener are through to the last 32 of the Europa League and will play Russian side Zenit St Petersburg following their dreadful campaign.

The lowest point of their season was the 3-0 loss to Cay Rizepor which got Dutch boss Philip sacked and was replaced by former national team coach Ersun Yanal.

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The club's two African strikers, Ghana's Ayew and Algeria's Slimani have only managed seven goals between them this season but Moses' inclusion could bring a positive difference for the remainder of the season.

NAIJ.com (naija.ng) -> Legit.ng We have updated to serve you better.

Rio Ferdinand admires Okocha, reveals why he quit boxing and problem with Man United | Legit TV

Source: Legit.ng



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