On September 28, 2023, Tüpraş General Manager İbrahim Yelmenoğlu appeared alongside Beşiktaş President Ahmet Nur Çebi to announce a stadium naming rights sponsorship agreement between Tüpraş and Beşiktaş. Yelmenoğlu described the partnership as bringing together two important institutions and stated that the agreement represented the highest financial value in Beşiktaş's history for a naming rights sponsorship. He expressed that the collaboration was significant for both parties in terms of reputation. Yelmenoğlu noted that Tüpraş, which he described as Turkey's largest industrial company, has a strategic transformation plan and a goal of becoming carbon neutral by 2050. He stated that the company views its sponsorships with Fenerbahçe and Beşiktaş as part of its social responsibility efforts and that no such discussions had taken place with Galatasaray, though he did not rule out future possibilities. He also mentioned that the sponsorship was for the full season, meaning no financial loss resulted from the timing of the agreement.