FC Schalke is fighting for sponsorship money in court. The financially stricken club is fighting for millions.

Second division soccer club FC Schalke 04 has sued its former sponsor Whitefield Landbanking Fund in the Berlin Regional Court for non-payment of almost three million euros. The case concerns a sum that the club was to receive from another sponsor (construction company Harfid), but which ran into financial difficulties. This was reported by the “Handelsblatt”.

The court confirmed the hearing date of March 27 and the receipt of the statement of claim in July 2023. “In the proceedings 26 O 234/23, the plaintiff is asserting claims for payment against the defendant by way of a documentary process due to a non-payment of claims for remuneration from an advertising partner contract after an assumption of debt in the amount of 2,975,000.00 euros,” the district court announced.

“According to the plaintiff’s statement, the defendant is said to have undertaken to take over the outstanding claims from the plaintiff’s advertising partner contract with another contractual partner,” it continued. Whitefield considers the lawsuit to be unfounded. ‘Since the shares of Harfid Holding could never come into the possession of Whitefield, Schalke was informed that Whitefield would not fulfill this obligation of Harfid,’ a company spokesperson told Handelsblatt.

The total liabilities of the financially stricken Bundesliga relegated team amount to around 165 million euros.