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Bernhard Burgener is requesting the sale of David Degen’s shares.

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The ongoing dispute over the ownership of FC Basel between Bernhard Burgener and David Degen is one more move. Burgener’s plans are supported and supported by the Board of Directors. But, there is no agreement.

Monday morning saw the meeting of FC Basel Holding AG’s Board Directors. Bernhard Burgener Bernhard Burgener A majority of the four-person committee comprised of Burgener and Degen as well as Karl Odermatt and Peter von Buren was in agreement with the plans of the previous owner. In a report issued by the holding firm Degen requested Degen to sell his stake in Basel Dream & Vision AG.

Bernhard Burgener Bernhard Burgener Burgener can sell its shares to minor shareholders pursuant to a law which is legally enforced. As per the Board of Directors this so-called drag along right is in contrast to Degen’s pre-sales right.

Burgener together with his group, have reacted in this dispute over owners. Degen insists on his right to first refusal which he wants to exercise for 16.4 million Francs. Burgener’s stake of 80 percent in Basel Dream & Vision AG has been restricted by a super-provisional order. Centricus which is the British asset manger, would also have an interest. Bernhard Burgener Burgener will remain the most popular vote.

According to the statement from FC Basel Holding AG, Burgener and Degen are reportedly seeking an out-of-court settlement “in the interests of FCB”.