%0 Journal Article %T Financial Risk Analysis in Football Clubs %J - %D 2019 %X The increase in the debts of football clubs increased their financial risk level. This study was conducted to examine the financial risk level of four large clubs in the Turkish Super League. In this study, the formula has been developed to measure the financial risk level. It has been tested whether there is a significant relationship between the debts of the clubs and the exchange rate. Current ratio, leverage ratio, interest rate coverage and total assets variables obtained from the financial statements for the period 2010-2018 are used for the evaluation of financial risk levels. Panel data least squares method was used in the application of the study. According to the results of the analysis, there is a significant relationship between the exchange rate of football clubs and exchange rate. It was concluded that increase in debt has caused financial risk levels increased %K Futbol kul¨¹pleri %K bor£¿ y£¿netimi %K panel veri %K finansal risk %U http://dergipark.org.tr/mfy/issue/45009/493778