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Bernhard Burgener requested the sale David Degen’s shares.
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The dispute between the owners of FC Basel between Bernhard Burgener and David Degen is one more move. Burgener has the support of the Board of Directors. But, there is no agreement reached.
https://www.watson.ch/sport/fussball/110905178-fc-basel-unerwuenschter-eigentuemer-das-drama-des-bernhard-burgener The meeting held on Monday of the Board of Directors of FC Basel Holding AG was an overwhelming success. The majority of the four-person board comprising Burgener and Degen and Karl Odermatt and Peter von Buren, approved the plan of the previous owner. The owner requested Degen to transfer his stake to a potential buyer, Basel Dream & Vision AG, according to an announcement by the company that holds it.
The shares of Burgener can be sold to shareholders of minor value through the Board of Directors under the conditions of a contractually defined law. https://www.tdg.ch/sports/actu/fc-ble-vendu-entrepreneur-bernhard-burgener/story/23760987 As per the Board of Directors this so-called drag along right overrides Degen's rights to presale.
Burgener's team has taken an effort to settle the ownership dispute. Degen insists on his right to first refusal. He wants to exercise this right for 16.4 million Francs. Burgener is prevented from selling his stake of 80 percent by the ex-player through a super-provisional order. Bernhard Burgener Bernhard Burgener The British asset manager Centricus will also be able to have a stake in the new company. Bernhard Burgener Burgener will remain the most popular vote.
According to the announcement from FC Basel Holding AG, Burgener and Degen are reportedly seeking an out-of-court settlement "in the interests of FCB".
My Website: https://www.watson.ch/sport/fussball/110905178-fc-basel-unerwuenschter-eigentuemer-das-drama-des-bernhard-burgener
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