Thursday, March 28, 2024

Schalke receive financial boost

SoccerNews in Bundesliga 13 Nov 2009

49 Views

Bundesliga giants Schalke 04 have received a much-vaunted financial boost after the city of Gelsenkirchen agreed to a €25.5 million investment in the club by its own energy service provider GEW.

The deal was sanctioned at a meeting of city councilors in the city hall on Thursday evening.

When the deal was first mooted several weeks ago, Schalke’s chairman Clemens Tonnies said the funds would be enough to see the financially-troubled club through to the end of the season.

The windfall should also alleviate the possible need for the sale of goalkeeper Manuel Neuer, much to the relief of defender Marcelo Bordon.

Bordon was reported by the Bild newspaper to have said that it would be a good idea if Neuer were to be sold this winter, but he insists he was talking from a purely financial perspective.

“I didn’t say or mean that I am personally in favour of selling our goalkeeper, which is how it has been understood,” he said on his club’s website.

“Quite the opposite: If there is anything I would like on this issue, then it is to play together with Manu here at Schalke for as many years as possible.”

ABOUT THE AUTHOR

SoccerNews

Soccernews.com is news blog for soccer with comprehensive coverage of all the major leagues in Europe, as well as MLS in the United States. In addition we offer breaking news for transfers and transfer rumors, ticket sales, betting tips and offers, match previews, and in-depth editorials.

You can follow us on Facebook: Facebook.com/soccernews.com or Twitter: @soccernewsfeed.

SHARE OR COMMENT ON THIS ARTICLE

WE RECOMMEND

Leave a Reply

Your email address will not be published. Required fields are marked *

This field is required *

Join the conversation!

or Register

Live Scores

advertisement

Betting Guide Advertisement

advertisement

Become a Writer
More More
Top