Offbeat Handelsblatt: Schalke receives a state guarantee of around 40 million euros

21:50  29 june  2020
21:50  29 june  2020 Source:   ran.de

"Not honorable!" This is what Watzke says about the Schalke guarantee

 On Monday evening there were reports that the state of North Rhine-Westphalia wanted to help the highly indebted Bundesliga club FC Schalke 04 (EUR 198 million liabilities) with a guarantee. The Handelsblatt wrote of a volume of 40 million euros. Contrary to many criticism, BVB boss Hans-Joachim Watzke expressed understanding: "This is not honorary, knowing, of course, that the people's soul may feel differently," said the managing director on Tuesday at a media event in Dortmund.

NRW gewährt Schalke 04 eine 40 Millionen-Euro-Bürgschaft © AFPSIDSASCHA SCHUERMANN NRW granted Schalke 04 a 40 million euro guarantee

Gelsenkirchen (SID) - The sporting and economically struggling Bundesliga club Schalke 04 apparently receives financial backing from the state of North Rhine -Westphalia. As the Handelsblatt reported on Monday, the government of Prime Minister Armin Laschet granted the miners who were indebted with 197 million euros a state guarantee of around 40 million euros. This should be made public on Wednesday.

It was only on Sunday that the Süddeutsche Zeitung reported that with S04 upcoming contracts the mark of 2.5 million euros annual salary should no longer be exceeded.

report: Schalke introduces upper salary limit, Wagner remains

 report: Schalke introduces upper salary limit, Wagner remains According to a media report, FC Schalke 04 is the first Bundesliga club to introduce an upper salary limit. In the Revierclub, no new contract will in future exceed the limit of an annual salary of 2.5 million euros, as reported by the Süddeutsche Zeitung (Monday). Recently, several officials, including DFL chief Christian Seifert and DFB president Fritz Keller, had asked for an upper salary limit in football, but implementation is classified as difficult.

After the sporting crash in the second half of the season with 16 games in a row without a win, the Royal Blues missed European business for the third time in four years.

In addition to the course, Schalke also produced some negative headlines in the past season and caused displeasure among many supporters, for example through a hardship application for the reimbursement of tickets and the dismissal of 24 employees from the transport service. In addition, there are the racist statements by club boss Clemens Tönnies from August 2019 and only recently the corona outbreak in his meat factory with more than 1500 positive cases.

Bundesliga: S04 could let Rudy move free of charge .
S04 wants Sebastian Rudy to get off the payroll. Gerald Asamoah hopes that the Corona outbreak will not have an impact on Schalke in the battle led by C lem en s Tönnies. And Tomasz Hajto assesses the chances of the transfer from Bartosz Bialek to the Royal Blues. The most important news and rumors about Schalke 04 can be found here. Schalke 04: S04 could have Sebastian Rudy transferred free of charge Sebastian Rudy has no future on Schalke according to the kicker .

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