
Sky Germany is reporting that Schalke would be unable to handle the financial consequences if it suffers relegation to the third division. The club’s license for the third league would be impossible due to their extreme debt.
As a result of sporadic stays in the second tier, the Royal Blues have racked up significant extra debt. This total financial obligation is around $179 million. The club, however, may not even be worth this amount, especially if they are to be relegated in May.
