FC Schalke 04: Financial Struggles Despite Revenue Growth
Revenue Up, but Verbindlichkeiten Rise
FC Gelsenkirchen-Schalke 04 eV has reported a revenue of €1683 million for the 2023 financial year. However, the club's liabilities have also increased significantly.
Threat of Relegation and Financial Crisis
Despite the positive revenue growth, Schalke 04 faces serious problems. The club is at risk of relegation to the third tier of German football, which could have devastating financial consequences.
Loss Reported
The club recently reported a substantial loss, according to a statement released on Tuesday. This financial setback adds to the challenges faced by Schalke 04.
Historic Decline
Once a leading force in German football, Schalke 04 is now fighting to avoid relegation to the third tier. Such a drop would be a major blow to the club's finances and reputation.
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