Schalke 04 Faces Intense Criticism at Heated Member Meeting

Club leadership confronts financial woes and management instability amid calls for accountability.

Members of Schalke 04 expressed dissatisfaction with the club's leadership, highlighting frequent management changes and poor handling of personnel decisions.
A significant point of contention was the club's financial instability, with Schalke narrowly avoiding insolvency and facing reduced revenue from sponsorships and TV rights.
The leadership proposed a new cooperative model to raise 50 million euros by selling shares in the Veltins-Arena to help alleviate the club's 162 million euro debt.
Members criticized the dismissal of club legend Mike Büskens and questioned the competence of current CEO Matthias Tillmann, who was appointed by Chairman Axel Hefer.
Despite the criticism, the leadership maintained that their cost-cutting measures are essential, and they are planning for potential relegation to the third division.