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

Bernhard Burgener Picture:

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Another issue is the dispute between the owners of FC Basel between Bernhard Burgener und David Degen. Burgener is supported by the Board of Directors. http://www.transfermarkt.fr/bernhard-burgener/profil/trainer/53291 However, there isn’t an agreement.

Monday’s meeting of the Board of Directors of FC Basel Holding AG was an overwhelming success. Burgener and Degen were joined by Karl Odermatt (and Peter von Buren) on the four-member committee that approved the plan of the previous owner. Bernhard Burgener According to a report by the holding company Degen asked Degen for his portion to be sold to Basel Dream & Vision AG.

Burgener’s shares can be sold to shareholders of minor value through the Board of Directors under the conditions of a contractually defined law. In the eyes of the Board of Directors, this so-called drag-along right takes precedence over Degen’s prior-sale right.

Burgener, along with his team, have made moves in this dispute over owners. Degen insists on having his right to first refusal. He is seeking to exercise it to the value of 16.4 million francs. Burgener is not able to transfer his 80 percent stake to Basel Dream & Vision AG because of a superprovisional injunction. Centricus which is an British firm that manages assets will also have a stake. Burgener is still the most popular choice.

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