Schalke 04 cancels partnership with Gazprom following Russia’s invasion of Ukraine

The German football club cancelled its partnership with Gazprom ahead of schedule

German football club Schalke 04 has cancelled its partnership with Russian energy giant Gazprom GAZP.MM following Russia’s invasion of Ukraine.

The club’s managing board and supervisory board has come to an agreement to end the club's partnership with the Russian company ahead of schedule. The club is currently in discussions with the representatives of the current sponsors.

"Management and the supervisory board are in discussions with representatives of the current main sponsor, further information will be published in due course," Schalke said on Twitter.

“The partnership between #SO4 and #GAZPROM will be ended early,” club’s official twitter handle tweeted.

The club had already said that they were removing the logo of Gazprom from their jerseys following Russia’s invasion of Ukraine.
Gazprom's UEFA Champions League sponsorship status is currently also in the balance.

Earlier last week, European governing body UEFA moved this year's Champions League final to Paris from St Petersburg where it was scheduled to be played at Gazprom Arena, home to Russian Premier League side FC Zenit.

Russia's gas giant, which has sponsored Schalke since 2007, has been also announced as one of the sponsors for the next European Championship, to be played in 2024 in Germany.

FIFA and UEFA have also suspended Russia from playing international football following Russia’s invasion of Ukraine.