Schalke" club - a real threat of bankruptcy

2024-02-01 07:00 © IMAGO/Eibner

Gelzerkicheno "Schalke" is going through the toughest times.

The team playing in the 2nd Bundesliga, "Schalke" is in the 15th place. The 16th place plays two matches for fate in the second division.

If Gelzerkicheno club would drop lower, in that case, there would be a real possibility to drop to the third division. And that could mean the end.

According to "Bild", "Schalke", dropping to the third division in Germany, would not receive a license due to the club's debt, which amounts to 165 million euros.

In that case, the club would be completely on the verge of bankruptcy - everything would have to start from an amateur football level.