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Bernhard Burgener requests the sale of David Degen shares.
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Bernhard Burgener vs David Degen is yet another step in the FC Basel owner dispute. Burgener’s plans are supported and supported by the Board of Directors. https://www.northdata.de/Burgener,+Bernhard,+Zeiningen/pv8 http://www.kleinreport.ch/news/bernhard-burgener-soll-neuer-prasident-vom-fc-basel-werden-86475/ However, it's not possible to reach an agreement.
The morning of Monday was the meeting of FC Basel Holding AG's board directors. A majority of the four-person committee comprising Burgener and Degen and Karl Odermatt and Peter von Buren agreed with the plans of the former owner. In a report from the holding firm Degen requested Degen to let him sell his stake at Basel Dream & Vision AG.
Burgener is able to sell shares of its to shareholders who are minor pursuant to a law which is legally enforced. According to the Board of Directors, this so-called drag-along right takes precedence over Degen's pre-sale right.
Burgener and his team, have moved in this dispute over owners. Degen insists on having his right to first refusal. He is seeking to exercise it for 16.4 million francs. Through a super-provisional order, the former player has so as of now prevented Burgener from able to sell his stake of 80 percent to Basel Dream & Vision AG. Centricus the British asset manager, would also own a share in the new company. Burgener would still be the most popular choice.
Bernhard Burgener According to FC Basel Holding AG Announcement, Burgener und Degen are quick to seek an outcourt settlement "in favor of FCB". Bernhard Burgener
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