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Requests the sale of shares of David Degen Bernhard Burgener.
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Bernhard Burgener is suing David Degen in the FC Basel ownership dispute. Burgener's plans are backed by the Board of Directors. However, it is not possible to reach an agreement.
Bernhard Burgener Monday morning saw the meeting of FC Basel Holding AG's board of directors. Burgener and Degen were joined by Karl Odermatt (and Peter von Buren) on the four-member committee which approved the plans of the former owner. https://variety.com/exec/bernhard-burgener/ According to a statement of the holding company he asked Degen if he would sell his stake to Basel Dream & Vision AG.
When it does, the Board of Directors relies on the terms of a contract that allows Burgener to transfer its shares to those of the minority shareholders on the same terms. https://www.highlight-communications.ch/Bernhard-Burgener.htm In the eyes of the Board of Directors, this drag-along rights is preeminent over Degen's pre-sale rights.
Bernhard Burgener Burgener and his team, have made moves to settle the ownership dispute. Bernhard Burgener Degen insists on his right to first refusal which he wants to exercise for 16.4 million francs. Through a super-provisional order, the former player has so that time, prevented Burgener from able to sell his 80 percent stake to Basel Dream & Vision AG. Bernhard Burgener Centricus, a British asset management company, will also be able to own part of this new venture. Burgener would have the majority of the votes.
According to FC Basel Holding AG announcement, Burgener is quickly seeking an out of court settlement "in interest of FCB".
Website: https://www.fcb.ch/aktuell/videos/uebersicht/detailseite/bernhard-burgener-zum-geschaeftsjahr-2020-10906
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