Wednesday, May 12, 2010

Schalke have 136.5 million euro debt

Gelsenkirchen - Annual General Meeting at Schalke. In addition to thunderous applause for new coach Felix Magath meant, above all numbers on the table. And they are frightening ...
President and CFO Joseph Schnusenberg: "The liabilities are annoying, but manageable." You can say so ... 136.5 million euros manageable debt burden on the miners?
Schnusenberg added: "We have established good business sense, otherwise, all reports are false." After a disappointing year, the Royal Blues sport must continue to save.
Thus, the cost of the Licensed cadres by a whopping eight million euros are to be scaled down. New Budget: approximately 48 million.
Since S04 is not qualified for a European Cup, expect those in charge in the coming year with a loss of ten million. This year at least, was still a "solid increase" of 464,391 euros on the paper (last year): almost 13 million euro profit.
But the mood of optimism on Schlake did not detract from it all. Supervisory board chairman Clemens Thönnies: "We will get this bowl, which has Felix ersprochen us for the next four years. But, dear members, Bring us around, if it is only in its fourth year."
Read also: Cup: plays Windeck in Cologne v Schalke> Manuel Neuer - the new Titan> Magath is Schalke on its head>