Schalke ask season ticket holders to pitch in with rebate refusal

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BERLIN (Reuters) - Bundesliga club Schalke 04 have asked season ticket holders to waive their right to a rebate and help the cash-strapped club through the lockdown due to the novel coronavirus outbreak.

Schalke said on Wednesday they were in a potentially"existence-threatening" financial situation, with the league having stopped since mid-March and not expected to resume before May, and have asked more fans to pitch in.

"In their sum, each of these refusals is an immense contribution to stabilising the club's liquidity and securing its survival. The club is facing a potentially existence-threatening financial situation."

 

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