Schalke 04 wants to sign Elias Baum and has presented its concepts and sporting plans to him. According to 'Morgenpost', the competition is close and the outcome is uncertain. A final personal meeting with the new Frankfurt coach Adi Hütter is expected to take place next week, after which a decision will be made. Frankfurt is generally prepared to let Baum go, but this could change if Hütter includes the player in his plans. Elias Baum is under contract with Eintracht Frankfurt until 2028.

A report from Bild states that Schalke 04, Werder Bremen, FC Augsburg, and Hamburger SV are among several clubs interested in Elias Baum, a 20-year-old German right-back and U21 international from Eintracht Frankfurt. The report also indicates that another loan for the 2024/25 season is not an option for the player or his club. The same report suggests that for a permanent transfer, the fee is expected to be between three and five million euros. Baum joined Frankfurt on October 26, 2023, and has a contract that runs until June 30, 2028. In the 2025/2026 Bundesliga season, he made 5 appearances and did not score a goal or provide an assist. Transfermarkt lists his current market value at €4.00m.