FC Schalke 04 record highest ever turnover and record annual excess for 2018
FC Gelsenkirchen Schalke 04 e. V. have recorded a turnover of 350.6 million Euros for 2018 compared with 240.1 million Euros for the previous year. The club have exceeded the previously highest ever turnover set in 2016 (265.1 million Euros). The club’s annual excess has also been recorded as 40.5 million Euros, a new record. Last year, the annual excess was -12.2 million Euros.
The key reason for the higher annual excess has been due to the rise in TV revenue, which has risen up to 147.8 million Euros compared with 81.2 million Euros the previous year. The rise of TV revenue stems from a new TV contract signed for the Bundesliga rights alongside the Royal Blues qualifying for the UEFA Champions League. There has also been a long term rise in money generated from sponsorships which hit 80 million Euros in 2018 after a 9.1 million Euros rise. The club also made a profit from transfer sales, rising to 45.6 million Euros after a 33 million Euro rise. Catering profits have also risen up to 14.2 million Euros. There was a small decline in the overall income from match operations (down by 1.8 million Euros to 35.8 million Euros). This was due to the uneven distribution of home matches in the Bundesliga and cup competitions. Merchandising revenue was also narrowly lower than last year (down 0.6 million to 15.7 million Euros).
Peter Peters, Director of Finance and Organisation: “The financial year of 2018 was outstanding from an economical point of view. In addition to the record sales, we are pleased to announce the successful financing of the Berger Feld II construction project, which forms the foundation for a long-term successful development of the association. In doing so, we are particularly proud that, alongside the second largest investment in the club’s history, we have pushed ahead with the economic consolidation of FC Schalke 04.
The positive equity of 7.6 million Euros is the result of long-term development. The high of a 75.7 million Euro deficit has been gradually reduced and is now in a positive state.
For 2019, the Royal Blues expect to record a loss a little over ten million Euros, taking into account a recorded turnover of 250 million Euros and a lack of both international business and income through player transfers.
The financial statements prepared and audited in accordance with the provisions of the German Commercial Code for the period from January 1, 2018 to December 31, 2018 were submitted to the Deutsche Fußball Liga GmbH in Frankfurt on March 14, 2019.