Bernhard Burgener asked for the sale David Degen’s shares.

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Bernhard Burgener vs David Degen is another move in the FC Basel owner dispute. Burgener’s plans are supported by the Board of Directors. But, there’s no agreement.

Bernhard Burgener The morning of Monday saw the meeting of FC Basel Holding AG’s Board Directors. Burgener, Degen, Karl Odermatt and Peter von Buren voted in favor of the plans of the previous owner. In a report issued by the holding firm, he requested Degen to let him sell his stake at Basel Dream & Vision AG.

The Board of Directors relies upon a contractually agreed law to permit Burgener to transfer its shares to minority shareholders on the same terms. Bernhard Burgener According to the Board of Directors this so-called drag along right overrides Degen’s pre-sales right.

Bernhard Burgener Burgener and his crew have made a move on the ownership dispute. Degen is insisting on his right to first refusal. He would like to exercise this right to 16.4 Million Francs. With a super-provisional injunction, the former player has so that time, prevented Burgener from allowed to sell his stake of 80 percent to Basel Dream & Vision AG. Bernhard Burgener Centricus, the British asset manager, would also own an interest. Burgener still would be the largest shareholder.

In the FC Basel Holding AG announcement, Burgener is quickly seeking an out-of-court settlement „in interest of FCB“.