State aid for Schalke: football tradition is not relevant to the system

The Corona-crisis has brought to the football industry like many other industries in financial distress. Only since the Bundesliga with their Spirit of the seas

State aid for Schalke: football tradition is not relevant to the system

The Corona-crisis has brought to the football industry like many other industries in financial distress. Only since the Bundesliga with their Spirit of the season at least to play to the end and revenue could not be achieved, is returned to most locations some rest. But no one can predict what difficulties are yet to be mastered.

The wrong location of Schalke 04, which, measured by revenue, third largest German football club, and the six largest sports club in the world, has to do with the impact of the pandemic, however, only on the edge, even if those in charge in Gelsenkirchen tried the traditional club range as victims of the current crisis to portray. The bad Numbers were already before the pandemic on the table.

In truth, have maneuvered mismanagement and megalomania Schalke 04 close to the abyss. For the fatal arrogance of the long-standing Supervisory Board Chairman Clemens toennies, who will now, after 19 years at the helm, from his positions in the club back is straight. Crisis management in the club was a failure – with its large slaughterhouse in Rheda-Wiedenbrück and the largest Corona-Hotspot in the country, he stands in front of a pile of broken glass.

now, of all things, the biggest problem in the Bundesliga shrunken football company Schalke 04 with a million dollar guarantee from the state of North Rhine-Westphalia could be saved from Ruin, would have to annoy a lot of serious business end of the football clubs. Ten years ago, only the entry of a municipal energy company in Gelsenkirchen secured the stability of the tottering giant.

None of the responsible has learned. Even if a guarantee does not mean that, at the end of taxpayers money into a poorly-run, Professional flows, and thus millions of salaries of players, coaches and managers will be funded, will be sent, and of the policy the wrong Signal. Football tradition is a beautiful thing – but relevant to the system.

Updated Date: 30 June 2020, 17:20

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