Chaos days at Schalke: CFO throws down! Did “hardship application” doom him?

Schalke 04 in crisis: CFO Peter Peters asked the supervisory board to terminate his contract. He worked for the Royal Blues for 27 years.

• The FC Schalke 04 put not only athletic, but also financially deep in crisis.
• CFO Peter Peters asked for the termination of his contract.
• Since 1993 he has held offices in the management of the association.

Gelsenkirchen - FC Schalke 04 is deeply in a sporting crisis, the Royal Blues have been without a win in the Bundesliga * for the past eleven games, which has brought coach David Wagner into the focus of criticism. But the traditional club * must now also have its financial worries settled, but with new staff. CFO Peter Peters asked the association to dissolve his working paper.

Chaos at Schalke 04: CFO Peters dissolves contract - "Has made courageous decisions"

The supervisory board of Gelsenkirchen headed by club boss Clemens Tönnies consequently met Peters' request and ended the collaboration with immediate effect, as the club announced. Neither party described the precise background to the sudden request to terminate the contract . 

"Peter Peters has played a key role in shaping our club in the past almost three decades," said supervisory board boss Clemens Tönnies . “In doing so, he contributed courageous and far-sighted decisions for the benefit of the club. Without him, FC Schalke would not be the club it is today. Our thanks go to him for that, ”said the S04 boss . Peters had been in the club since 1993, initially as managing director and later as head of finance and organization.

Chaos at Schalke 04: CFO Peters dissolves contract - "Has made courageous decisions"

At the beginning of the Corona crisis, the heavily indebted founding member of the Bundesliga * announced that they were "existentially" at risk. There is talk of debts amounting to 197 million euros . Now the club has to cope with the economically tense situation without its long-term employee, who had been on a permanent contract since 2012 . 

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Now it is speculated whether Peters did not want to leave the club on his own, but was urged to do so. The image According to Peters should have been at Schalke because of its sideline an eyesore. The 57-year-old is the head of the supervisory board of the German Football League (DFL) and the DFB vice president . 

Chaos at Schalke 04: hardship application outraged loyal fans

Another reason could have been the  “hardship application” * , which polarized within the fan community. It dealt with the financial reimbursement of season tickets for the end of the season, which is played in the form of ghost games *. Cardholders who had asked for their money back were asked by the association to justify their decision and even prove it . An apology from the club was not well received. 

Do you know the myth hardship application? pic.twitter.com/U2RN3sNjsd

At FC Schalke , a lot is planned this year despite the Corona crisis *, so the professional department will be spun off in autumn, which would open up to investors and other donors. 

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* tz.de is part of the nationwide Ippen-Digital editors network.