Embattled Toennies resigns as chairman of cash-strapped Schalke
30-Jun-2020 15:41:45 | Yahoo Sports
The future of cash-strapped Bundesliga club Schalke 04 is uncertain after their billionaire backer and chairman Clemens Toennies resigned on Tuesday following fan protests over his management of the club. "As chairman of the supervisory board, Clemens Toennies has played a decisive role in establishing FC Schalke 04 as one of the heavyweights in the Bundesliga over the past 26 years," said the club in a statement. Toennies has been on Schalke's board since 1994 and club chairman since 2001.
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