FC St. Pauli presents clear perspectives at the general meeting!

FC St. Pauli presents clear perspectives at the general meeting!

The first general meeting of FC St. Pauli eG took place in Hamburg on June 21, 2025. The annual financial statements for 2024 were overwhelmingly expected. Loud fcstpauli.com The conclusion was approved by the Hamburg Audit Association without any objections. In addition, the costs that FC St. Pauli e.V. bore during the pre-foundation phase received the official OK.

The balance sheet is impressive: the equity capital amounts to around 10.7 million euros and the balances with banks amount to 12.2 million euros. A crucial point was the economic impact of the extended campaign, which will run until the end of March 2025. Income from the flat-rate administration fee was cleverly postponed into the current financial year, while expenses largely remained on target, which gave the club a good cushion.

Waiting lists and membership growth

An interesting detail: On June 15, 2025, the waiting list numbered 1,364 people and was worth around 2.1 million euros. The opportunity for new members to join will close by the end of July, with plans to open the waiting list after the summer break. The board is planning a strategy meeting in September to discuss key future issues and give members even greater influence. The goal: a lean, digital cooperative that is effectively integrated with the club.

The positive development of the FC St. Pauli cooperative is particularly pleasing. Since the start of the subscription phase on November 10, 2024, almost 14,600 comrades have already been registered, who have contributed a total of around 18.4 million euros. Around 100,000 euros flow into the coffers every day, with the ambitious goal of 20 million euros by the end of January 2025. In the long term, the club aims to even reach 30 million euros, but this requires patience and persuasion millernton.de reported.

Cooperative and stadium

A very important point in this context is that the newly founded cooperative should take over the majority of the Millerntor Stadium. The cooperative with the full name “Football Cooperative St. Pauli 2024 eG” also wants to use the capital collected to repay Corona aid and support the renovation of the stadium. Healthy equity is of utmost importance, especially after the loss of around 4.9 million euros in the 2022/2023 season, which the club had to report ndr.de notes.

Each member of the cooperative has one vote, regardless of the number of shares, which underlines the democratic approach. Membership is open until the end of March 2025, with the price per share being 850 euros. A positive aspect is that the 50+1 rule is still maintained, so that FC St. Pauli always retains the controlling majority.

Thanks to these developments, FC St. Pauli is well positioned for the future. The positive response from the members and the dynamic development of the cooperative give hope for the successful further development of the association. With a clear focus on the members and the stadium, good business could potentially be done in Hamburg football - and that's what we're working on.