Bundesliga club Schalke 04 made the announcement on Monday regarding its main sponsor
German football club Schalke 04 has cut ties with its main sponsor Gazprom with immediate effect.
The decision was announced via a statement on Monday morning, which revealed the Bundesliga team’s managing board and supervisory board had reached the decision to end the club’s partnership with the Russian gas giant prematurely.
“The club are currently in discussions with representatives of the current sponsor and further information will be released at a later date,” Schalke added.
“This decision does not affect the club’s financial capabilities. The club’s leadership are confident to be able to announce a new partner in the near future.”
The partnership between #S04 and #GAZPROM will be ended early.
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— FC Schalke 04 (@s04_en) February 28, 2022
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