German Gov't Supports Hamburg Bid DTM Pushes Cooperation With Super GT Ecclestone, HMRC At Odds Over Tax Bill UEFA President Platini: FFP 'Here To Stay' Crystal Palace Takeover Talks Break Down Mexico, Germany Could Host NFL Games Sony Renews Champions League Backing DHB Expects Sponsorship Increase Berlin ePrix Sells Out Hospitality On-Track Success Key For Ferrari IPO
Enter amount in full numerical value, without currency symbol or commas (ex: 3000000).
Upcoming Conferences and Events
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).