Bernhard Burgener asks for the sale of David Degen’s shares.

Picture:

Keystone

Bernhard Burgener, David Degen and their disagreement regarding FC Basel’s owner’s name is just the beginning of their dispute. Burgener is supported by the Board of Directors. Bernhard Burgener However, there is still no agreement.

The FC Basel Holding AG Board of Directors met on Monday early in the morning. 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. Bernhard Burgener According to a statement from the holding company Degen requested Degen for his share to be transferred to Basel Dream & Vision AG.

Bernhard Burgener Burgener can sell its own shares at the same terms as minor shareholders under a contractually agreed upon law. The Board of Directors says that the right to presale of Degen is overridden by this so-called dragalong right.

Bernhard Burgener Burgener and his team, have moved in this dispute over owners. Degen is insisting on his first refusal. He would like to use this right for 16.4 million Francs. With a super-provisional injunction, the former player has so that time, prevented Burgener from allowed to sell his 80 percent stake to Basel Dream & Vision AG. Bernhard Burgener Centricus which is the British asset manager, would also be able to purchase a stake. Burgener would still receive the majority votes.

According to the announcement by FC Basel Holding AG, Burgener and Degen are reportedly seeking an out-of-court settlement „in the interests of FCB“.