Schalke plans to slash spending as virus strains finances
(WorldNews Sport)

GELSENKIRCHEN, Germany (AP) — German soccer club Schalke plans to slash its future spending because the coronavirus pandemic has piled pressure on the Bundesliga team`s already strained finances. Marketing director Alexander Jobst said Wednesday that Schalke spent heavily in a “bet on the future” but ran into trouble when it repeatedly failed to qualify for European...