Burgener would like to force Degen into selling his shares

Bernhard Burgener asked for the sale David Degen's shares.
Picture:
Keystone

Bernhard Burgener is suing David Degen in the FC Basel ownership dispute. Burgener is supported by the Board of Directors. However, it's impossible to reach an agreement.

The Monday morning session was of FC Basel Holding AG's Board of Directors. Burgener and Degen were joined by Karl Odermatt (and Peter von Buren) on the four-member committee that approved the plan of the previous owner. According to a report from the holding company the owner asked Degen if he would sell his stake to Basel Dream & Vision AG.

Bernhard Burgener The shares of Burgener can be sold to shareholders of minor value by the Board of Directors under the terms of a contractually defined law. In the eyes of the Board of Directors, this drag-along rights is preeminent over Degen's pre-sale right.

Bernhard Burgener Burgener and his group have made an announcement in the ongoing dispute between the owners. Bernhard Burgener Degen insists on his right of first refusal, which he wants to exercise in exchange for 16.4 million Francs. Bernhard Burgener With a super-provisional injunction, Burgener has so that time, prevented Burgener from able to sell his 80 percent stake to Basel Dream & Vision AG. Centricus, which is a British asset manager, would also be able to hold an interest in the new venture. Bernhard Burgener Burgener is still the most popular choice.

According to FC Basel Holding AG, Burgener (and Degen) are in search of an out-of court settlement of the "interests of FCB"