German Cup Nets Top Rating On ARD Sky Acquires Shares In Sport1 Sat.1 Extends Super Bowl Broadcast Deal Bundesliga Reconsiders Goal-Line System Barcelona Visit A FC Cartagena Windfall Cologne, Dusseldorf Bid On Winter Game F1, Formula E Calendars Released ARD Draws High Ratings With German Cup Law Forces Football Onto Pitch In Spain Bryant, Messi In New Turkish Airlines Ad
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).