Bernhard Burgener requests David Degen’s shares to be sold.

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

Bernhard Burgener Bernhard Burgener The Monday morning session was of FC Basel Holding AG’s Board Directors. Burgener, Degen, Karl Odermatt and Peter von Buren voted in favor of the original owner’s plans. Bernhard Burgener According to a press release issued by the holding company Degen demanded Degen to dispose of his stake in Basel Dream & Vision AG.

Burgener’s shares can be sold to shareholders of minor value by the Board of Directors under the conditions of a contractually defined law. The Board of Directors states that the drag-along rights have precedence over Degen’s pre-sale rights.

Bernhard Burgener Burgener and his team are now making an attempt to settle the dispute with the ownership. Degen is insisting on his right for first refusal. He wants to make use of this right to 16.4 Million Francs. Burgener is not able to transfer his 80 percent stake to Basel Dream & Vision AG due to a superprovisional order. Bernhard Burgener Centricus is the British asset manager, could also own a stake. Burgener would have the majority of votes.

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