Burgener is seeking to have Degen ordered to buy his shares

2 min read
21 September 2022
Bernhard Burgener asks for the sale of David Degen shares.
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Bernhard Burgener is suing David Degen in the FC Basel ownership dispute. Burgener's plan is supported and backed by the Board of Directors. Bernhard Burgener However, it's not possible to reach an agreement.

The Board of Directors of FC Basel Holding AG met on Monday morning. Burgener, Degen, Karl Odermatt and Peter von Buren voted in favor of the plans of the previous owner. Bernhard Burgener According to a statement from the holding company Degen demanded Degen for his share to be transferred to Basel Dream & Vision AG.

Bernhard Burgener Burgener can sell its own shares under the same terms to minor shareholders as per a contract bargained law. https://www.tagesanzeiger.ch/tags/8843/bernhard-burgener Bernhard Burgener According to the Board of Directors, this so-called drag-along right takes precedence over Degen's prior-sale right.

https://fordmemes.com/bernhard-burgener-vermoegen/ Burgener and his team have now made an attempt to settle the dispute with the ownership. Bernhard Burgener Degen wants to take advantage of his right to first refusal for 16.4 million Francs. Burgener's 80 percent stake in Basel Dream & Vision AG has been stopped by a super-provisional restraining order. Centricus, the British asset manger, would also have a stake. Burgener would still be the most popular choice.

As per FC Basel Holding AG Announcement, Burgener und Degen are looking to settle an out-of-court settlement "in the interest of FCB".
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