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Schalke have no plans to splash the cash after signing a lucrative five and a half year sponsorship deal with Russia’s gas corporation Gazprom.

Schalke and Gazprom agreed the deal, worth up to 125 million euros on Tuesday. The injection of cash will make them one of the Bundesliga’s richest clubs

“It’s not going to be enough for Ronaldinho or Ronaldo, unfortunately,” Schalke chief financial officer Josef Schnusenberg said.

“We’re going to keep our feet on the floor,” he added.

“The man who won the lottery jackpot said he wants to keep working as a nurse,” said Schnusenberg referring to a man who recently won 37 million euros on the German lottery.

Schnusenberg said the deal included a minimum 12 million euros per year and could reach 22.7 million if Schalke win the Champions League.

“We’re one of the ‘big guys’ now. We don’t have to count our pennies anymore,” said Schnusenberg.

The club’s sporting director Andreas Mueller said: “We’re going to continue to focus on developing players through our youth programme. We’re only planning to get active in the market if a player, preferably German, can be acquired without a fee.”

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