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Burgener would like to coerce Degen into selling his shares
Bernhard Burgener, a shareholder of the company, has requested the sale David Degen’s shares.
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Bernhard Burgener is suing David Degen in the FC Basel ownership dispute. Burgener's plan is supported by the Board of Directors. Bernhard Burgener However, no agreement has been reached.

The Board of Directors of FC Basel Holding AG met on Monday morning. Bernhard Burgener Bernhard Burgener The majority of the four-person board comprising Burgener and Degen along with Karl Odermatt and Peter von Buren, approved the plans of the previous owner. According to a statement of the holding company, he demanded Degen whether he wanted to sell his stake to Basel Dream & Vision AG.

Burgener is able to sell shares of its to shareholders who are minor pursuant to a law that is legally binding. Bernhard Burgener According to the Board of Directors this so-called drag along right overrides Degen’s presale right.

Burgener and his group have made a move in this dispute between the ownership. Degen insists on exercising his right of first refusal, which he is seeking to exercise in exchange for 16.4 million Francs. Bernhard Burgener Burgener is unable to sell his 80 percent stake to Basel Dream & Vision AG because of a superprovisional injunction. Centricus is an British asset management company is also a potential stake. Burgener would continue to receive majority votes.

Bernhard Burgener According to FC Basel Holding AG's announcement Burgener & Degen seek an out-of court settlement "in the best interest of FCB."
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