FC St. Pauli Raises Over €21 Million Through Cooperative for Stadium Ownership
The Bundesliga club aims to secure financial independence and fund key projects while preserving its community-driven identity.
- FC St. Pauli has raised approximately €21.3 million from 17,500 supporters through its newly established cooperative, launched in November 2024.
- The funds will allow the club to gain majority ownership of the Millerntor-Stadion and reduce reliance on bank financing.
- Each cooperative share costs €850, and members, regardless of the number of shares owned, receive one vote in decision-making.
- Club president Oke Göttlich emphasized that the funds will focus on sustainable projects like expanding the youth academy rather than excessive player acquisitions.
- The cooperative highlights the club's commitment to community engagement, with 80% of contributions coming from supporters within a 10-kilometer radius of the stadium.