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  • Krebs Paaske posted an update 2 years, 11 months ago

    Requests the sale of shares of David Degen Bernhard Burgener.

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    Bernhard Burgener is suing David Degen in the FC Basel ownership dispute. Bernhard Burgener Burgener’s plan is supported by the Board of Directors. However, there is still no consensus.

    The morning of Monday saw the meeting of FC Basel Holding AG’s Board of Directors. Bernhard Burgener Burgener and Degen were joined by Karl Odermatt (and Peter von Buren) on the four-member board that endorsed the plans of the former owner. According to a press release issued by the holding company Degen requested Degen to sell his stake to Basel Dream & Vision AG.

    The Board of Directors relies upon an agreement on a contract to permit Burgener to transfer its shares to shareholders who are minority shareholders at the same terms. The Board of Directors says that Degen’s right to pre-sell is trumped by the dragalong right.

    Bernhard Burgener Burgener and his group are now making a move in this dispute over the ownership. Degen insists on exercising his right of first refusal, which he would like to exercise in exchange for 16.4 million dollars. Burgener has been barred from selling his stake of 80 percent by the former player through a super-provisional court order. Centricus the British asset manager, will also have a stake in the company. Burgener would hold the majority of the votes.

    http://www.tvguide.com/celebrities/bernhard-burgener/3000269753/ Bernhard Burgener According to FC Basel Holding AG Announcement, Burgener und Degen are fast seeking an outcourt settlement “in support of FCB”.