FC St. Pauli: 22,623 subscribers (€29.2m) to the cooperative set up to sell the stadium to fans

22,623 people have subscribed for a total of €29,178,800 in the "Football Cooperative Sankt Pauli" launched on 10/11/2024 by FC St. Pauli (Bundesliga) to handle the sale of the Millerntor-Stadion (Hamburg, GER) to supporters, announced the club after analysing the subscription phase on 08/05/2025. A total of 34,328 shares worth €850 were purchased, representing an average of 1.52 shares per person.

The Hamburg club, which owns the 29,546-seat stadium, announced that €27m had been subscribed by "more than 21,000 people" the day after subscriptions closed on 01/04/2025.

The first general meeting of the cooperative is scheduled for 20/06/2025. This cooperative, "the first in the world of professional football", stipulates that regardless of the number of shares acquired, each holder has only one vote.

To access the "Football Cooperative Sankt Pauli" website (in German), click here 

• "The vast majority of subscribers are men (77.2%), with an average age of 49.6," said the club.

"The cooperative is the perfect model for FC St. Pauli: grassroots democracy, solidarity …