Mourinho Things £89M Will Soon 'Look Cheap' AFL Records Net Loss In '16 FIA Denies Conflict Of Interest In Sale China Slowing Foreign Acquisitions FA Reveals Record '16 Revenue Finance Notes Nottingham Owner Writes Off $22M Discovery's Q4 Earnings Up 3% Nazara To Invest $20M In Esports Rates Hike To Hit Hampden Park Hard
Enter amount in full numerical value, without currency symbol or commas (ex: 3000000).
SBD Global/September 12, 2013/Finance
Schalke Increases Volume Of Club Bonds To $67M; 3rd League Side To Issue Fan Bonds
Published September 12, 2013
MSV DUISBURG: DER WESTEN's Thomas Kristaniak reported German 3rd League football club MSV Duisburg "will issue fan bonds" to pay back a €3.3M ($4.4M) loan which will be due on July 1. Duisburg board member Robert Philipps said, "With five percent and a duration of five years, we want to generate €5 million ($6.7M)." Fans of the club "will be able to subscribe to the bonds starting on Sept. 14" (DER WESTEN, 9/10).