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Bernhard Burgener requests the sale of David Degen shares.
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The dispute between the owners of FC Basel between Bernhard Burgener and David Degen is one more move. The Board of Directors supports Burgener's plans. Bernhard Burgener However, there is still no consensus.
Monday morning saw the meeting of FC Basel Holding AG's board directors. Burgener, Degen, Karl Odermatt, and Peter von Buren all approved the original owner's plans. Bernhard Burgener He demanded Degen to sell his stake to the potential buyer, Basel Dream & Vision AG as per an announcement by the holding company.
Bernhard Burgener Burgener is able to sell its own shares at the same terms to the minor shareholders as per a contract negotiated law. In the eyes of the Board of Directors, this so-called drag-along right takes precedence over Degen's pre-sale right.
Burgener together with his group, have reacted in this dispute over owners. Degen insists upon his right to first refusal. He is seeking to exercise it in exchange for 16.4 millions francs. Burgener is prevented from selling his stake of 80 percent by the former player through a super-provisional order. https://www.swissfilms.ch/fr/person/bernhard-burgener/480882158A0B45E8A032C9614568E5FF Centricus is the British asset manager, would also be able to purchase a stake. Burgener would have the majority of votes.
Bernhard Burgener According to FC Basel Holding AG, Burgener (and Degen) are looking for an out-of-court settlement to settle the "interests of FCB"
Homepage: https://www.swissfilms.ch/fr/person/bernhard-burgener/480882158A0B45E8A032C9614568E5FF
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