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Requests the sale of David Degen’s shares: Bernhard Burgener.

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One more move is the dispute between the owners of FC Basel between Bernhard Burgener and David Degen. The Board of Directors supports Burgener’s plans. However, it is not possible to reach an agreement.

Bernhard Burgener Monday’s meeting of FC Basel Holding AG’s Board of Directors of FC Basel Holding AG was a success. http://www.imdb.com/name/nm10370045/ Burgener and Degen along with Karl Odermatt & Peter von Buren, voted for the previous owner. Bernhard Burgener The owner requested Degen to transfer his stake to the prospective buyer, Basel Dream & Vision AG as per a statement by the company that holds it.

The shares of Burgener can be sold to minor shareholders through the Board of Directors under the terms of a contractually defined law. This so-called drag-along option is deemed superior to Degen’s pre-sales right.

Burgener, along with his team, have moved in the dispute between owners. Degen insists upon his right to first refusal. He is seeking to exercise it to the value of 16.4 millions of francs. Bernhard Burgener Burgener was able sell his 80-percent stake in the company to Basel Dream & Vision AG, but Degen has an injunction that is superprovisional. Bernhard Burgener Centricus, the British asset manger, would also have a stake. Burgener will remain the most popular choice.

http://www.imdb.com/name/nm10370045/ According to FC Basel Holding AG, Burgener (and Degen) are looking for an out-of-court settlement to settle the “interests of FCB”