Well, yes (no chance the Union squad has a market value that high, incidentally).
However, the club (together with others) has posted huge losses due to corona. Over €7 million in fact. Certainly a big wedge, given that the club had the second lowest budget in the Bundesliga this season. It could have easily taken the money. Schalke were roundly criticised for asking fans to give proof of financial hardship when asking for a refund for their season ticket. Instead Union have come together and done "the right thing" by almost everyone. It's more about the club's reaction than anything else.
€203 for a season ticket to watch Bundesliga football, standing on a terrace, and all with a beer in your hand. Could be worse.