Bernhard Burgener, a shareholder of the company, has requested David Degen’s shares be sold.

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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.

The FC Basel Holding AG Board of Directors met Monday early in the morning. http://www.transfermarkt.co.uk/bernhard-burgener/profil/trainer/53291 Burgener, Degen, Karl Odermatt and Peter von Buren voted in favor of the original owner’s plans. According to a report by the holding company Degen demanded Degen for his portion to be sold to Basel Dream & Vision AG.

Burgener is able to sell its own shares at the same terms to the minor shareholders as per a contract bargained law. audius.co/bernhardburgener As per the Board of Directors this so-called drag along right is in contrast to Degen’s rights to presale.

Bernhard Burgener Burgener and his group, have reacted in this dispute over owners. http://www.alamy.com/stock-photo/bernhard-burgener.html Degen would like to use his right of first refusal for 16.4 million Francs. With a super-provisional injunction, the former player has so far prevented Burgener from being allowed to sell his 80 percent stake to Basel Dream & Vision AG. Centricus, an asset manager from the UK, British asset manager, will also be able to hold part of this new venture. Bernhard Burgener Burgener will still be the largest shareholder.

According to FC Basel Holding AG’s announcement Burgener & Degen are seeking an out of court settlement „in the best interests of FCB.“