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Bernhard Burgener asks for David Degen's shares to be sold.
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Keystone
Bernhard Burgener vs David Degen is yet another step in the FC Basel owner dispute. Burgener has the support of the Board of Directors. But there is no agreement reached.
Monday's meeting of FC Basel Holding AG's Board of Directors of FC Basel Holding AG was successful. Bernhard Burgener The majority of the committee of four, which includes Burgener and Degen as well as Karl Odermatt and Peter von Buren, approved the plans of the former owner. https://www.team.ch/about-us/ According to a press release issued by the holding company Degen demanded Degen to transfer his stake in Basel Dream & Vision AG.
Burgener can sell its own shares at the same terms to the minor shareholders in accordance with a contractually negotiated law. This drag-along method is deemed to be superior to Degen's presale rights.
Burgener together with his team, have made moves in this dispute over owners. https://beta.blickpunktfilm.de/details/290304 Bernhard Burgener Degen insists on his right of first refusal which he wants to exercise in exchange for 16.4 million francs. Burgener's stake of 80% in Basel Dream & Vision AG is being stopped by a super-provisional restraining order. The British asset manager Centricus would also have a stake in the new company. Bernhard Burgener Burgener would still have the majority of votes.
According to FC Basel Holding AG Announcement, Burgener und Degen are fast seeking an outcourt settlement "in support of FCB".
Read More: https://www.imdb.com/name/nm10370045/
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