Baker Tilly successfully advised FC Schalke 04 in structuring and issuing a €90 million bond to refinance existing debts and enhance financial stability.

Information on the Target

The FC Schalke 04, officially known as Fußballclub Gelsenkirchen-Schalke 04 e.V., is a prominent sports club established in 1904 in the Schalke district of Gelsenkirchen, Germany. With a membership exceeding 200,000, Schalke 04 ranks among the largest sports clubs in Germany and is the sixth largest in the world. The club is primarily known for its professional football team, youth development programs, and the marketing of its home ground, the VELTINS-Arena.

Industry Overview in Germany

Germany's sports industry, particularly professional football, is renowned for its passionate fanbase and competitive leagues. The Bundesliga represents one of the top football leagues globally, attracting talent and generating significant revenues through broadcast rights, sponsorships, and ticket sales. The football sector’s economic impact is substantial, fostering a myriad of related businesses and services that contribute to the economy.

Despite challenges such as financial management and competition for sponsorship, the Bundesliga clubs have demonstrated resilience, adapting to new market conditions and regulations. The industry's growth prospects remain str