Friday briefing: St. Pauli's cooperative acquires majority stake in Millentor Stadium

The Football Cooperative St. Pauli eG (FCSP) has acquired a majority stake in Millentor Stadium, Bundesliga club FC St. Pauli announced.

Last year, the Hamburg-based club became the first in German football to launch its own cooperative.

More than 22,000 members have secured shares in FCSP, with a total value of around €29 million.

A different kind of football

Oke Göttlich, president of St. Pauli, said: “We have proven that a different kind of foot