Pro soccer team looking toward hydro as unorthodox revenue stream

A Turkish soccer club is looking toward hydroelectricity to increase its revenue, has learned.

Trabzonspor, six-time champion of the Turkish Super League, says it recently received approval for a $50 million, 28-MW hydropower plant. The facility will be located in the club’s namesake, Trabzon, which lies on the southeastern side of the Black Sea.

The club says it expects gross annual revenues of about $10 million from the hydro plant, and, pending its success, this might lead to a second smaller plant.

The plan was prompted by new “financial fair play rules” being imposed by the Union of European Football Associations (UEFA), which essentially state that member organizations can no longer rely on owners’ bank accounts to pay team rosters.

Trabzonspor has not specified when construction might begin or when the project will be completed, although the new UEFA rules will become effective during the 2013-14 season.

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