Planned land-guarantee: € 40 million for Schalke 04?

FC Schalke 04 to get to the information of the "Handelsblatt" in public assistance. As the newspaper reported on Monday, the state of North Rhine-Westphalia i

Planned land-guarantee: € 40 million for Schalke 04?

FC Schalke 04 to get to the information of the "Handelsblatt" in public assistance. As the newspaper reported on Monday, the state of North Rhine-Westphalia is a guarantee for the financially ailing football League club in the amount of 40 million euros. Consequently, the million is to be made help on Wednesday officially announced. The country's Finance Ministry did not want to take with reference to the guarantee secret position.

The Bundesliga Twelfth had reported for fiscal year 2019 liabilities in the amount of 197 million euros. The corona crisis caused a loss of revenue prepared additional financial problems. In addition, the Club missed in the last 16 Games without a win and the qualification for the lucrative European competition. Not least for this reason, the Association thinks, according to "süddeutsche Zeitung" about a salary cap for professionals in the amount of 2.5 million euros per year.

During protests last Saturday on the club grounds Berger field, Fans had the retreat of the Supervisory Board chief Clemens Tönnies claimed. He stands as head of the company and as the head of the Bundesliga clubs under massive pressure. In the headquarters of the Tönnies meat group in the district of Gütersloh well over a thousand people had been infected with the Coronavirus. Therefore, there was fierce criticism of the working conditions in the company. A lot of Schalke Fans are calling for a resignation of Tönnies in the Royal blue.

Updated Date: 30 June 2020, 04:19

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