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.