Bernhard Burgener is requesting David Degen’s shares to be sold.

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Bernhard Burgener is suing David Degen in the FC Basel ownership dispute. Burgener has the support of the Board of Directors. However, no agreement has been reached.

Monday’s meeting of FC Basel Holding AG’s Board of Directors of FC Basel Holding AG was a success. Bernhard Burgener A majority of the four-person committee comprising Burgener and Degen as well as Karl Odermatt and Peter von Buren was in agreement with the plans of the former owner. Bernhard Burgener According to a statement issued by the holding company Degen demanded Degen to sell his stake to Basel Dream & Vision AG.

Bernhard Burgener Burgener is allowed to sell shares of its to shareholders who are minor according to a law which is legally enforced. In the eyes of the Board of Directors, this drag-along rights is preeminent over Degen’s pre-sale rights.

Burgener and his group, have reacted to settle the ownership dispute. Bernhard Burgener Degen insists on his right to first refusal. He is seeking to use it in exchange for 16.4 millions francs. Bernhard Burgener Burgener’s stake of 80 percent in Basel Dream & Vision AG was stopped by a super-provisional restraining order. Centricus is which is a British asset management company, would also be able to hold a stake in this new entity. Burgener would continue to receive majority vote.

In the FC Basel Holding AG announcement, Burgener is quickly seeking an out of court settlement „in the best interests of FCB“. Bernhard Burgener