Bernhard Burgener asks for the sale of David Degen shares.

Bernhard Burgener Picture:

Keystone

Bernhard Burgener, David Degen and their dispute over FC Basel’s owner is just the beginning of their dispute. Bernhard Burgener Burgener has the support of the Board of Directors. But, it’s not possible to reach an agreement.

Monday morning was the FC Basel Holding AG’s board of directors. Bernhard Burgener The majority of the four-person committee, which includes Burgener and Degen and Karl Odermatt and Peter von Buren agreed with the plan of the former owner. According to a statement issued by the holding firm, he requested Degen to buy his stake at Basel Dream & Vision AG.

http://www.finanzen.net/nachricht/aktien/dgap-hv-highlight-communications-ag-bekanntmachung-der-einberufung-zur-hauptversammlung-am-29-06-2022-in-pratteln-mit-dem-ziel-der-europaweiten-verbreitung-gem-228-223-167-121-aktg-11427973 Burgener is able to sell its own shares at the same terms to minor shareholders as per a contract negotiated law. The Board of Directors states that the drag-along rights have precedence over Degen’s pre-sale rights.

Burgener and his group have made a move in this dispute with the ownership. Degen would like to use his right to first refusal for 16.4 million Francs. Bernhard Burgener Burgener has been prevented from selling his 80 percent stake due to the ex-player’s super-provisional order. Centricus the British asset manager, will also own a share in the new entity. Burgener would still receive the majority of the votes.

According to FC Basel Holding AG Announcement, Burgener und Degen are quick to seek an outcourt settlement „in support of FCB“.