FC Schalke 04 or Schalke or abbreviated as S04 is a professional German association-football club and multi-sports club originally from the Schalke district of Gelsenkirchen, North Rhine-Westphalia. The “04” in the club’s name derives from its formation in 1904.
Founded in 1904, Schalke has won seven German championships, five DFB-Pokals, one DFL-Supercup and one UEFA Cup.
Since 2001, Schalke’s stadium is the Veltins-Arena. Schalke holds a long-standing rivalry with Ruhr neighbours Borussia Dortmund, arguably one of the most widespread and well-known rivalries in German football, and matches between the two teams are referred to as the Revierderby.
Schalke was ranked as the seventh-best football team in Europe by UEFA’s 2015 UEFA club rankings.
In terms of operating income, Schalke possesses the seventh-highest operating income of any football club at “$64.4 million or £38.2 million (€48 million)”, and 0% debt as of August 2014. Schalke also generates the 14th-highest revenue of any football club, at “$265.6 million or £157.8 million (€198 million)”.
In May 2014, Schalke 04 were ranked by Forbes magazine as the 14th-most valuable football club, at “£355 million or $599 million (€446 million)”, an increase of 16% from the previous year.