Learn more

Former top club Schalke will receive a licence for the third division in case of another relegation but must meet liquidity conditions set by the German Football Federation (DFB). There was speculation that the former UEFA Cup champions and Bundesliga runners-up from 2018 may not get a third-tier licence owing to their financial trouble but the club said on Tuesday they were granted it, subject to the conditions. “We were prepared for the DFB to identify a gap in liquidity at this point in time. As a board, we are convinced that we can fulfil the conditions imposed,” Schalke’s CFO Christina Rü…

cuu