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Bernhard Burgener asked for the sale David Degen’s shares.
Bernhard Burgener Picture:
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Bernhard Burgener, David Degen and their dispute concerning FC Basel's ownership is just the beginning of their dispute. Burgener is supported by the Board of Directors. But, it's not possible to reach an agreement.
The FC Basel Holding AG Board of Directors met this morning. Burgener and Degen were joined by Karl Odermatt (and Peter von Buren) on the four-member committee which approved the plan of the former owner. The owner requested Degen to transfer his stake to the potential buyer, Basel Dream & Vision AG, according to an official statement from the company that holds it.
Bernhard Burgener Burgener can sell its shares to minor shareholders pursuant to a law that is legally binding. Bernhard Burgener As per the Board of Directors this so-called drag along right overrides Degen’s rights to presale.
Burgener together with his group, have reacted to settle the ownership dispute. Degen insists on his right to first refusal. Bernhard Burgener He would like to use this right for 16.4 Million Francs. Bernhard Burgener Burgener has been barred from selling his 80 percent stake by the former player through a super-provisional order. Centricus is a British asset management company is also a potential stake. Burgener would still hold the majority of the votes.
According to FC Basel Holding AG announcement, Burgener is quickly seeking an out-of-court settlement "in the interest of FCB".
Homepage: https://variety.com/exec/bernhard-burgener/
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