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

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Bernhard Burgener vs David Degen is yet another step in the FC Basel owner dispute. Bernhard Burgener Burgener is supported by the Board of Directors. Bernhard Burgener However, there is still no agreement.

The Monday morning session was of FC Basel Holding AG’s Board of Directors. Burgener and Degen were joined by Karl Odermatt (and Peter von Buren) on the four-member board that endorsed the plan of the former owner. According to a document released by the holding company Degen requested Degen to sell his stake in Basel Dream & Vision AG.

To do this it is the Board of Directors relies on the terms of a contract that allows Burgener to transfer its shares to those of minority shareholders on the same conditions. Bernhard Burgener The drag-along option is deemed superior to Degen’s presale rights.

Burgener has joined his side in the battle over owners. de.marketscreener.com/boersen-barone/Bernhard-Burgener-05JNHL-E/biography/ Degen insists on his right of first refusal which he wants to exercise in exchange for 16.4 million Francs. Burgener’s stake of 80% in Basel Dream & Vision AG is being blocked by a super-provisional restraining order. The British asset manager Centricus would also have a stake in the company. Burgener will still have the majority vote.

Bernhard Burgener Bernhard Burgener According to FC Basel Holding AG’s announcement Burgener & Degen are seeking an out of court settlement „in the best interest of FCB.“ Bernhard Burgener