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Supporters’ Cooperative Takes Majority Control of St. Pauli’s Millerntor After Notarized Deal

Member financing through FCSP eG secures community stewardship of the stadium.

Overview

  • The majority stake in the Millerntor Stadion Betriebsgesellschaft was notarized on November 6 and announced by the club.
  • FCSP eG reports more than 22,000 members and over €29 million in subscribed shares.
  • Commercial chief Wilken Engelbracht said the club can now drive key investments from its own resources, including the Kollaustraße training center expansion.
  • Cooperative chair Andreas Borcherding praised the step as a milestone for a different model of football and club finance.
  • Club president Oke Göttlich said the move demonstrates that solidaristic, sustainable financing is viable in professional football.