Schalke 04: Stadium shares should finally shrink mountain of debt!
Schalke 04 will start selling stadium shares on January 22nd to reduce their 162 million euro debt.
Schalke 04: Stadium shares should finally shrink mountain of debt!
On January 22, 2025, the heavily indebted Schalke 04 football club will start selling stadium shares to combat its financial problems. Loud Laola1 The traditional club's debt is more than 162 million euros, and there is an urgent need for action, as the negative equity must be reduced by at least five million euros by the end of 2025 in order to prevent a possible deduction of points.
A total of 190,400 shares are being offered in the new development cooperative “Auf Schalke eG”, which can be purchased by both club members and companies. The price per share is 250 euros, plus an entry fee, which is 75 euros for members and 500 euros for companies that need to buy at least 40 shares. CEO Matthias Tillmann explained that this not only represents financial help, but also symbolizes a collaborative approach to creating a successful and independent Schalke 04 in the future Sports1.
Financial challenges
Schalke 04 has suffered significant financial strain in recent years, with 16 million euros spent on interest and repayments last year alone. In order to reduce the debt burden and ensure the continued existence of the club, the income from the sale of shares is crucial. With this measure, the club hopes to counteract the impending financial crisis and to overcome the fickleness, which was partly reinforced by the sporting achievements.