Tech & Science Bundesliga: S04: Mega loan plugs financial holes

11:50  28 october  2020
11:50  28 october  2020 Source:   spox.com

Schalke 04 is looking for supporters responsible for racist insults towards Youssoufa Moukoko

 Schalke 04 is looking for supporters responsible for racist insults towards Youssoufa Moukoko © Provided by Sofoot The witch hunt. While the Ruhr derby between Schalke 04 and Borussia Dortmund U19 took place last weekend, the prodigy Youssoufa Moukoko suffered many racist insults . The Schalke 04 club had already apologized on social media, but are now investigating to try to find those responsible for the outbursts. Gallery: Everton: the eleven Ancelotti would like to set up (World Eleven) #Schalke untersucht Vorfälle bei U19-Derby.

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FC Schalke 04 has received a loan of 30 million euros from the state of North Rhine-Westphalia to alleviate the financial emergency. Meanwhile, experts and ex-Schalke players see Royal Blue as a clear candidate for relegation. Here you can find news and rumors from S04.

Die finanziellen Probleme beim FC Schalke 04 werden durch einen Kredit des Landes NRW zumindest zeitweise gelindert. © Provided by SPOX The financial problems at FC Schalke 04 are at least temporarily alleviated by a loan from the state of North Rhine-Westphalia.

Click here for more Schalke news.

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FC Schalke 04, News: Credit alleviates financial problems

FC Schalke 04 has received the requested loan of 30 million euros from the state of North Rhine-Westphalia. This is reported by the Sport Bild . The amount that the state guarantees with taxpayers’s money is only used to plug existing financial gaps and secure ongoing operations.

Bundesliga: Angelino: "I'm here because of Nagelsmann"

 Bundesliga: Angelino: Angelino could have gone to FC Barcelona. The Spaniard decided on RB Leipzig - an excellent choice so far. © Provided by SPOX Angelino shot RBL to victory with a double pack. left-back Angelino from RB Leipzig could have signed on with FC Barcelona in the previous transfer period. In an interview, he explained why he decided to loan Manchester City to the Saxons again.

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The club will have to repay a fan bond of 16 million euros in 2021, and two years later a bond for 34 million euros will have to be redeemed, which costs the club 1.7 million euros in interest per year. There are also costs such as the salary for the killed trainer David Wagner, who will collect 2.4 million euros per year until 2022.

sports director Jochen Schneider has reduced the team's budget to around 70 million euros, but in the event of relegation it would have to be reduced further. In addition, the club asked advisors by phone to waive five percent of their commission. That wasn't well received everywhere.

FC Schalke 04, News. Experts fear relegation

With just one point from five games and 2:19 goals, Royal Blue started the season disastrously, and the team has been waiting for a win for 21 games. For many experts and ex-Schalke players, relegation in this form can hardly be avoided. "You can't rule that out. You have seen that such a traditional club can also crash. Schalke no longer has the maximum quality in their own ranks," said Benedikt Höwedes of Sport Bild .

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Even ex-Schalke Kevin Kuranyi has no illusions. "For me, Schalke is the first relegation candidate next to Mainz," said the striker from Funke Mediengruppe . And further: "Half a year ago I would have said: Okay, maybe it's a matter of mentality. But when a team has been so weak for so long, there is definitely more to it, including a lack of quality."

Lothar Matthäus had already spoken in his Sky column on Monday of a "declaration of bankruptcy" in the Revierderby against Borussia Dortmund (0: 3). Click here for the news.

Schalke 04: Rönnow sees "a lot of quality" in the squad

The goalkeeper Frederik Rönnow, on loan from Eintracht Frankfurt, is hoping for a turnaround at Königsblau: "I see a lot of quality in our squad. And I'm sure that the results will come soon he said on Tuesday. "We always have to look ahead. I see positive development in the past few weeks. We need self-confidence and a sense of achievement."

On Friday evening, Schalke will meet the promoted VfB Stuttgart at home (8.30 p.m. live on DAZN

). "Against Stuttgart we have to go into the game with the right attitude, accept the fight. Then we get a good result and can build on that," emphasized Rönnow. X1 Schalke 04: The table situationPlaceTeamGamesGoalsDifferencePoints10.Wolfsburg54: 31711.FC Augsburg56: 60712.1. FC Union Berlin58: 62613, SC Freiburg56: 9-3614, Arminia Bielefeld54: 8-4415, Hertha BSC59: 12-3316.1. FC Köln55: 9-4217; Schalke 0452: 19-17118.1. FSV Mainz 0554: 15-110

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