Wednesday's Most Important Stories: Schalke 04 record €50 million loss on brink of relegation; Morris agrees to sell Derby County; Pension fund acquires Ipswich Town in £30 million deal; Former Lille owner unable to secure funding for Excel Mouscron

7 April 2021

Photo: Schalke 04 "We were able to lessen the effect on earnings by introducing comprehensive cost-cutting measures," said board member Christina Rühl-Hamers.
Emil Gjerding Nielson

1. Schalke 04 record €50 million loss on brink of relegation

The full year 2020 resulted in a €50.1 million pre-tax loss for Schalke 04, who are facing all but certain relegation to Germany's second tier after 30 years in the Bundesliga, according to the club's just released financial report.

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