Demands the sale of shares of David Degen Bernhard Burgener.

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One more move is the dispute between the owners of FC Basel between Bernhard Burgener und David Degen. The Board of Directors supports Burgener’s plans. Bernhard Burgener Bernhard Burgener But, there is no agreement.

The Board of Directors of FC Basel Holding AG met on Monday morning. Burgener, Degen, Karl Odermatt and Peter von Buren voted in favor of the previous owner’s plans. twitter.com/fc_basel_fr/status/1392099704352264198 According to a report from the holding company the owner requested Degen if he would sell the stake to Basel Dream & Vision AG.

Bernhard Burgener Burgener is able to sell shares of its to shareholders who are minor according to a law that is legally binding. As per the Board of Directors this so-called drag along right overrides Degen’s rights to presale.

Burgener has joined his side in the dispute about the owners. Degen insists on his right for first refusal. He would like to use this right for 16.4 million Francs. Burgener was able sell his 80-percent stake in the company to Basel Dream & Vision AG, but Degen has an injunction that is superprovisional. Centricus which is an British asset management firm will also have a stake. Burgener is still the most popular choice.

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