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Bernhard Burgener asks for the sale David Degen's shares.
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The owner dispute over FC Basel between Bernhard Burgener and David Degen is one more move. The Board of Directors supports Burgener's plans. Bernhard Burgener However, no agreement has been reached.
Bernhard Burgener The FC Basel Holding AG Board of Directors met Monday early in the morning. Burgener and Degen were joined by Karl Odermatt (and Peter von Buren) on the four-member committee which approved the plans of the previous owner. According to a report by the holding company, the owner demanded Degen for his portion to be sold to Basel Dream & Vision AG.
Bernhard Burgener To do this it is the Board of Directors relies on a contractually stipulated law that permits Burgener to sell its own shares to those of minority shareholders on the same terms. According to the Board of Directors this so-called drag along right is in contrast to Degen's rights to presale.
Burgener has joined his team in the fight over the owners. Degen is insisting on his first refusal. He would like to use this right for 16.4 Million Francs. By a super-provisional injunction Burgener has so far prevented Burgener from being allowed to sell his 80 percent stake to Basel Dream & Vision AG. Bernhard Burgener Centricus, the British asset manager, would also own a share in the new company. https://www.highlight-communications.ch/Bernhard-Burgener.htm Burgener will remain the most popular choice.
According to FC Basel Holding AG, Burgener (and Degen) are seeking an out-of-court settlement of the "interests of FCB" Bernhard Burgener
Website: https://www.transfermarkt.us/bernhard-burgener/profil/trainer/53291
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