FC Schalke 04 is 6.75%, the subscription period: 30.05.-06.08.2012
Running time: 7 years
FC Gelsenkirchen-Schalke 04 eV announces the details of the planned SME loan: Start drawing the issue with a volume of up to € 50 million is 30 May 2012. Provided a listing on the Frankfurt Stock Exchange (Entry Standard). The proceeds used to refinance debt with the aim of the funding structure to diversify. The royal blue Securities (TSX: A1ML4T / DE000A1ML4T7) has a fixed annual interest rate of 6.75% and a term of seven years. The issue is aimed at institutional investors and asset managers as well as private investors. The bonds with a nominal value of € 1000 must be obtained through banks and online brokers by submitting a purchase order at the Frankfurt Stock Exchange. Accompanied by the emission of equinet Bank AG as lead manager and bookrunner.
"We have in recent years invested heavily in infrastructure and the work of young, sporty and economical for the Association to prepare for the future. Now we are reaping the fruits of these investments - underline how the record sum of 224 million € in 2011 and renewed participation in the Champions League, "says Chief Financial Officer Peter Peters. "We also intend to continue our initiated two years ago, consolidation and reduce the debt over the next ten years a large extent."
economic factor soccer booming
soccer is not only popular sport, but also an ever-growing economic sector in Germany. The number of visitors to the stadium has risen since the 2000/2001 season of under nine million to 13 million in the 2010/2011. 2010/2011 every Bundesliga match was attended by an average of 42 101 spectators. The result: According to the National Football League in the United States is the largest spectator sports league to league in the world. The economic success reflects the development. 2010/2011 has nearly reached the Bundesliga, sales of two billion euros and recorded the second-highest revenue in the top European leagues - and counting. Solely by the new TV rights, the annual income of the German Football League (DFL) set off the season 2013/2014 from an average of 412 million euros per season to € 628 million.
FC Schalke 04 among the top ten of the most valuable club
Founded in 1904, the FC Schalke 04 is one of the most successful football clubs in Europe and is, according to a recent study by U.S. business magazine Forbes, and the consulting firm Deloitte's ten most valuable club in the world. In nine of the last ten seasons, took the Royal Blues attended a European competition. The membership has quintupled since 2000 from approximately 22,000 to more than 110,000. This is Schalke 04 in Germany's number two and number seven in Europe. Economically, the Royal Blues are also on track. In calendar year 2011, the Group increased its turnover year on year by 19.3% to 224.2 million euros. The successful development led to a significant increase in earnings: Earnings before interest, taxes, depreciation and amortization (EBITDA) rose by 30% in 2011 to 62.1 million euros. Adjusted for extraordinary expenses for the renovation of the roof of the Veltins Arena, consolidated net income rose to € 5.2 million to 11.8 million euros. The EU rating agency, Creditreform has the FC Schalke 04 with a BB rating by the rating certifies in comparison to the overall economy than average credit. If the rating assessment in particular its brand strength and market potential have been highlighted. The concept of financial consolidation of the club, the analysts rated positively.
For two years, the FC Schalke 04 is on a successful consolidation. During this time the debt was reduced by 48 million euros. Peter Peters: "The past investments have paid off. Today, the FC Schalke 04 with the Veltins-Arena, the strong first team squad and its own marketing rights for advertising and catering to large hidden reserves. "Since commissioning was Schalke's multi-purpose arena in almost every league game sold out and remains after more than ten years even the most modern sporting venues in Europe. The "Almost wrought," the junior section of the club has produced players such as New Mesut Ozil, Manuel and Julian Draxler.
Peter Peters: "Our future is based on the concept of balance between economic soundness and athletic success. . Only when the FC Schalke 04 all debt repaid as far as possible, we are on target, "The conditions have been created: high With the stadium capacity, long-term sponsorship partnerships and television rights have the royal blue of stable and predictable revenues, largely independent of the sporting success are. For the upcoming season, the sports signs are positive: FC Schalke 04 has once again qualified for the group stage of Champions League for the fifth time since 2001.
Key data on corporate bond of the FC Schalke 04
Subscription period: 30th May to 8 June 2012 subject premature closure of
the Issue: up to 50,000,000 - €
WKN / ISIN: A1ML4T / DE000A1ML4T7
Issue price: 100%
Interest Rate: 6.75%
Term: 7 years (11 June 2012 to July 11, 2019)
interest payment : every year, for the first time for the 11th July 2013
redemption rate: 100%
Denomination: 1.000, - €
Security: Bearer bonds
market segment: the Entry Standard, Frankfurt Stock Exchange
corporate rating: BB (Creditreform Rating
