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Bernhard Burgener requested the sale David Degen’s shares.

pitchbook.com/profiles/investor/153717-49 Bernhard Burgener Picture:

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Bernhard Burgener, David Degen and their disagreement over FC Basel’s owner is only the latest step. Burgener’s plan is supported by the Board of Directors. However, there’s no consensus.

Monday’s meeting of the Board of Directors of FC Basel Holding AG was a success. Burgener, Degen, Karl Odermatt and Peter von Buren all approved the previous owner’s plans. According to a statement from the holding company, he requested Degen to let him sell his stake at Basel Dream & Vision AG.

Burgener is able to sell shares of its to shareholders who are minor according to a law that is legally binding. Bernhard Burgener The Board of Directors says that Degen’s presale right is overridden by the dragalong rights.

Burgener’s team has made an attempt to settle the dispute over ownership. Degen is insisting on his right for first refusal. Bernhard Burgener He wants to make use of this right to 16.4 Million Francs. Through a super-provisional order, the former player has so far prevented Burgener from being permitted to sell his 80 percent stake to Basel Dream & Vision AG. http://www.frick.ch/behoerdenmitglieder/30338 Centricus which is the British asset manager, could also own a stake. Burgener would continue to receive majority votes.

According to the announcement by FC Basel Holding AG, Burgener and Degen are reportedly seeking an out-of-court settlement “in the best interests of FCB”. twitter.com/fc_basel_fr/status/1392099704352264198