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Gazprom’s Schalke and Uefa deals in spotlight as Russia-Ukraine crisis escalates

German 2. Bundesliga club Schalke 04 is standing by its main shirt sponsor Gazprom, despite moves in the German press to block images of the Russian gas company’s logo on the team's shirts because of Russia’s military aggression against Ukraine.

The fallen giant of German football, which had debts of about €240m ($272.5m) in 2021, explained in a statement that the sponsorship agreement was made with the company’s German subsidiary 'Gazprom Germania'. The club argued it has “had a reliable partner and a relevant gas supplier from the federal republic of Germany at their side for 15 years now.”

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