Bernhard Burgener has requested the sale of David Degen’s shares.

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The ongoing dispute over the ownership of FC Basel between Bernhard Burgener and David Degen is one more move. Burgener has the support of the Board of Directors. Bernhard Burgener However, no agreement has been reached.

Bernhard Burgener Bernhard Burgener Bernhard Burgener The Board of Directors of FC Basel Holding AG met on Monday morning. A majority of the four-person committee, which includes Burgener and Degen and Karl Odermatt and Peter von Buren was in agreement with the plans of the former owner. According to a report from the holding company the owner demanded Degen whether he wanted to sell the stake to Basel Dream & Vision AG.

Burgener is able to sell shares of its to shareholders who are minor pursuant to a law that is legally binding. Bernhard Burgener http://www.northdata.de/Burgener,+Bernhard,+Zeiningen/pv8 The Board of Directors states that this drag-along rights takes precedence over Degen’s pre-sale rights.

Bernhard Burgener Burgener’s team has made a move to resolve the dispute over ownership. Degen insists on his right to first refusal, which he is seeking to exercise for 16.4 million dollars. Burgener’s 80 percent stake in Basel Dream & Vision AG is being stopped by a super-provisional restraining order. Centricus, an British firm that manages assets, would also hold a stake. Burgener will remain the most popular choice.

According to FC Basel Holding AG, Burgener (and Degen) are seeking an out-of-court settlement to settle the „interests of FCB“