This is how much money the cooperative has generated so far

At the first general meeting of “Auf Schalke eG,” a new supervisory board was elected and the cooperative’s latest figures were presented.

Just under a year after the founding of the Schalke support cooperative, the first general meeting of “Auf Schalke eG” took place on Sunday. “This is another milestone on our journey toward the future, which we are taking together,” said Matthias Tillmann, CEO of the cooperative, at the start of the event, which was attended by 275 members. “Today is special because it’s happening for the first time,” Tillmann said.

During the event, interim figures for the cooperative were also presented. As of the end of the fiscal year on June 30, 7,870 Schalke club members or companies had subscribed to shares in Auf Schalke eG. In total, this generated just under eight million euros (7.2 million euros for shares plus approximately 600,000 euros in admission fees).

The most recent figures were not presented, but interim results as of September 30 were shared. As of that date, 8,171 people had subscribed to shares totaling 7,890,500 euros (plus admission fees of 628,475 euros).

Both volunteer board members Tillmann and Michael Kalthoff, as well as Supervisory Board Chair Sven Kirstein, repeatedly thanked the “founding members.” “Your subscription to Geno shares ensured greater stability and freedom of decision-making during the summer transfer window,” explained Kirstein, who also serves on the association’s Supervisory Board, citing this as an example. “I thank you from the bottom of my heart for this, and I am convinced: The best is yet to come.”

Facts were also established at the event, which was very harmonious overall and saw hardly any criticism of those involved despite the disappointing interim results. Because Holger Brauner is stepping down from the supervisory board of Auf Schalke eG at his own request, a new member was elected to the board. Since Dr. Jochen Grütters was the only candidate, the election was uneventful. A majority of the members present approved Grütters’ appointment to the supervisory board.