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Bernhard Burgener has requested the sale of David Degen’s shares.
Picture:
Keystone
Bernhard Burgener is suing David Degen in the FC Basel ownership dispute. Burgener's plans are backed by the Board of Directors. However, no agreement has been reached.
Monday morning was the day of FC Basel Holding AG's board directors. https://www.handelsblatt.com/unternehmen/mittelstand/familienunternehmer/bernhard-burgener-uefa-und-finanzinvestor-verhandeln-ueber-champions-league-beteiligung-dieser-mann-ist-der-strippenzieher/27184844.html Burgener, Degen, Karl Odermatt and Peter von Buren voted in favor of the plans of the previous owner. https://www.breizh-info.com/2022/05/23/187018/gerer-luttes-de-pouvoir-et-negociation-selon-bernhard-burgener/ According to a statement from the holding company, Degen demanded Degen to allow his share to be transferred to Basel Dream & Vision AG.
To do this it is the Board of Directors relies on the terms of a contract that permits Burgener to transfer its shares to the shareholders of minority shareholders in the same conditions. The Board of Directors states that the drag-along rights have precedence over Degen's pre-sale right.
https://ch.linkedin.com/in/bernhard-burgener-28336485 Burgener together with his team, have moved in the dispute between owners. Degen insists on exercising his right of first refusal, which he wants to exercise at 16.4 million Francs. Burgener was able to transfer his 80-percent stake in the company to Basel Dream & Vision AG, but Degen has an injunction that is superprovisional. Centricus which is the British asset manager, would also be able to purchase a stake. Bernhard Burgener Burgener is still the most popular choice.
According to FC Basel Holding AG's announcement, Burgener and Degen are seeking an out of court settlement "in the best interests of FCB." Bernhard Burgener
Website: https://www.abcmoney.co.uk/2022/05/03/champions_league_remains_hands_bernhard_burgener/
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