Schalke Faces Financial Struggles Amid Sporting Challenges

The club's financial woes are compounded by poor performance on the field, raising concerns about future stability.

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.