Shares in Galatasaray Sportif, the commercial arm of Istanbul's leading club, ended the morning at 84,000, down from its initial public offer price at 87,000 lira.
Besiktas Futbol Yatirimlari closed at 52,000 lira, down sharply from the offer price of 57,500.
For more details on the Turkish flotations, see the March issue of Football Business International
Shares in Turkish clubs Besiktas and Galatasaray closed lower than their initial offer price on their first day of trading on the Istanbul Stock Exchange.
