St Pauli fans chip in over €29m through cooperative to buy majority stake in stadium
SUPPORTERS of FC St Pauli have raised over €27 million (£22.5m) for a majority stake in the club’s stadium after taking part in German football’s first fan co-operative.
The Hamburg-based club said today that more than 21,000 people joined the fundraising co-operative after its near five-month subscription period ended at a minute to midnight the night before.
St Pauli said there had been a “huge rush” of people buying shares to be part-owners of the Millerntor Stadium in the final hours.
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