Particle.news

Download on the App Store

FC St. Pauli Raises Over €21 Million Through Cooperative for Stadium Ownership

The Bundesliga club aims to secure financial independence and fund key projects while preserving its community-driven identity.

  • FC St. Pauli has raised approximately €21.3 million from 17,500 supporters through its newly established cooperative, launched in November 2024.
  • The funds will allow the club to gain majority ownership of the Millerntor-Stadion and reduce reliance on bank financing.
  • Each cooperative share costs €850, and members, regardless of the number of shares owned, receive one vote in decision-making.
  • Club president Oke Göttlich emphasized that the funds will focus on sustainable projects like expanding the youth academy rather than excessive player acquisitions.
  • The cooperative highlights the club's commitment to community engagement, with 80% of contributions coming from supporters within a 10-kilometer radius of the stadium.
Hero image