St. Pauli fans chip in $29 million through cooperative to buy majority stake in stadium
St. Pauli supporters have raised over 27 million euros (29.1 million) for a majority stake in the club's stadium after taking part in German soccer's first fan cooperative. The Hamburg-based club said Tuesday more than 21,000 people joined the fundraising cooperative 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.