Bernhard Burgener requests the sale of David Degen shares.

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Bernhard Burgener is suing David Degen in the FC Basel ownership dispute. Burgener’s plans are supported and backed by the Board of Directors. However there is no agreement reached.

The FC Basel Holding AG Board of Directors met this morning. Burgener and Degen were joined by Karl Odermatt (and Peter von Buren) on the four-member board that endorsed the plans of the previous owner. According to a statement by the holding company, he demanded Degen for his portion to be sold to Basel Dream & Vision AG.

When it does it is the Board of Directors relies on a contractually stipulated law that permits Burgener to transfer its shares to those of minority shareholders in the same terms. Bernhard Burgener According to the Board of Directors, this drag-along option is deemed to be superior over Degen’s pre-sale rights.

Bernhard Burgener Burgener has joined his team in the battle over owners. Degen is seeking to use his right to first refusal to 16.4 million Francs. Bernhard Burgener By a super-provisional injunction the former player has thus far prevented Burgener from being allowed to sell his stake of 80 percent to Basel Dream & Vision AG. Centricus which is the British asset manager, could also have an interest. Burgener will still get the majority vote.

Bernhard Burgener According to the statement from FC Basel Holding AG, Burgener and Degen are fast to seek an out-of-court settlement „in the best interests of FCB“. Bernhard Burgener