Schalke threatened with points deduction ahead of Bundesliga return
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FC Schalke 04 have been threatened with a three-point deduction ahead of the Bundesliga season, according to Kicker.de.
The reason behind the potential sanction is due their negative equity, with the club pushing for a fairer distribution of the TV rights money.
As things stand, Schalke are the only team in the Bundesliga to have negative equity, roughly around €100million in the red to be exact.
Accordingly, the German topflight's equity capital requirements mean that Schalke are threatened with a three-point deduction.
In order to overcome their financial issues, Schalke relies on a cooperative scheme, where members invest money into shares.
Of their ultimate goal of €50million, the Royal Blues have only amassed €8million accumulated by 9,000 share investors.
