Wednesday, June 16, 2010

Schalke has € 136.5 million debt



Gelsenkirchen - AGM at Schalke. In addition to thunderous applause for new coach Felix Magath that meant above all numbers on the table. And they are frightening ...
President and Financial Executive Josef Schnusenberg: "The liabilities are annoying, but manageable." You can say so ... manageable debt burden on the € 136.5 million squire!
Schnusenberg added: "We are economically sound set up, otherwise all the messages are false." After a disappointing sporting year the Royal Blues save the future.
This will boost spending on professional players squad by a full eight million euros will be scaled down. New Budget: about 48 million.
Since S04 is not qualified for a European Cup, the directors expect the coming year with a loss of ten million euros. This year was at least one more "robust increase" of 464 391 € on the label (previous year: almost 13 million euro profit).
But the optimism on Schlake did all this not detract. Supervisory board chief Clemens Thönnies: "We will get this bowl, which has Felix ersprochen us for the next four years. But, dear members: Bring us not to, if it is only in the fourth year."
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