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Bernhard Burgener asked for the sale David Degen's shares.
Bernhard Burgener Picture:
Keystone
The ongoing dispute over the ownership of FC Basel between Bernhard Burgener and David Degen is one more move. Bernhard Burgener Burgener’s plans are supported and backed by the Board of Directors. However, there is still no agreement.
Monday morning was the day of FC Basel Holding AG's board of directors. Bernhard Burgener Burgener and Degen along with Karl Odermatt & Peter von Buren and Peter von Buren, voted in favor of the former owner. According to a report from the holding company he requested Degen whether he wanted to sell the stake to Basel Dream & Vision AG.
Bernhard Burgener The shares of Burgener may be sold to minor shareholders through the Board of Directors under the terms of a contractually defined law. Bernhard Burgener According to the Board of Directors this so-called drag along right is in contrast to Degen's pre-sales right.
Bernhard Burgener Burgener is now part of his team in the dispute about the owners. https://www.rts.ch/sport/football/12117930-super-league-bernhard-burgener-marque-un-point-dans-le-feuilleton-du-fc-bale.html Degen asserts that he is entitled to the right of first refusal. This is a right he wants to exercise for 16.4million dollars. Burgener's 80 percent stake in Basel Dream & Vision AG has been blocked by a super-provisional restraining order. The British asset manager Centricus would also have an investment in the new company. Burgener would still have the majority of votes.
http://barfi.ch/News-Basel/Gruenes-Licht-fuer-Bernhard-Burgener-beim-FCB According to FC Basel Holding AG announcement, Burgener is quickly seeking an out of court settlement "in the best interests of FCB".
Website: https://www.hlee.ch/de/Bernhard-Burgener.htm
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