Overview

• FC Schalke 04 reported a slight negative financial result for the first half of 2024, with a deficit of €600,000.
• The club's negative equity increased to €104 million, necessitating a mandatory reduction to maintain its league license.
• Schalke's financial challenges are exacerbated by declining TV revenues and the need to refinance significant debts in the coming years.
• The team is currently 15th in the second division, with fears of relegation growing after a recent loss to Greuther Fürth.
• Despite cost-cutting measures, including staff reductions, Schalke continues to seek new revenue streams, such as selling stakes in its arena.