FC St. Pauli Launches Historic Football Cooperative

The Bundesliga club aims to raise 30 million euros through a unique democratic ownership model.

FC St. Pauli has introduced a cooperative model, a first in professional football, allowing fans to become shareholders of the Millerntor-Stadion.
The cooperative, named 'Football Cooperative Sankt Pauli' (FCSP eG), will start selling shares on November 10, with each share priced at 850 euros.
This initiative seeks to provide financial stability and independence, avoiding reliance on large external investors.
Funds raised will be used for debt repayment, stadium modernization, and development of training facilities and women's football.
The cooperative model ensures that each shareholder has equal voting rights, promoting a democratic approach to club management.