Burgener wants Degen to dispose of his shares

2 min read
03 October 2022
Bernhard Burgener requests the sale of David Degen shares.
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Bernhard Burgener is suing David Degen in the FC Basel ownership dispute. https://www.bloomberg.com/profile/person/1510114 The Board of Directors supports Burgener's plans. But, it's not possible to come to an agreement.

The Board of Directors of FC Basel Holding AG met on Monday morning. The majority of the committee of four comprising Burgener and Degen as well as Karl Odermatt and Peter von Buren, approved the plan of the former owner. He requested Degen to sell his stake to a potential buyer, Basel Dream & Vision AG as per an official statement from the company that holds it.

https://www.mediapart.fr/journal/international/080922/l-oligarque-russe-qui-embarrasse-la-france https://www.breizh-info.com/2022/05/23/187018/gerer-luttes-de-pouvoir-et-negociation-selon-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 presale right.

The Burgener team has made an attempt to settle the dispute over ownership. https://blog.cpdfootball.de/tag/bernhard-burgener/ Degen is seeking to use his right to first refusal to 16.4 million Francs. Bernhard Burgener Burgener's 80 percent stake in Basel Dream & Vision AG is being stopped by a super-provisional restraining order. Centricus is which is a British asset manager, would also be able to hold an interest in the new company. Burgener is still the most popular vote.

Bernhard Burgener According to FC Basel Holding AG announcement, Burgener is quickly seeking an out of court settlement "in the best interests of FCB".
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