Wednesday, March 29, 2023

FCB presents members with a difficult choice because of the loss of millions

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At the end of 2022, David Degen announced a “just in the black” for FCB, but now there is a loss of 1.2 million for the 2022 financial year.


Sebastian WendellReporter football

Because, contrary to the announcement by President David Degen in December (“just in the black”), the Board of Directors of FC Basel 1893 AG expects a loss of CHF 1.2 million for the 2022 financial year, the main shareholders are giving the club members a choice: either the club contributes CHF 300,000 pro rata to cover the loss by February 10th. Or he will only own 10 instead of 25 percent of the shares in the future.

“It’s not blackmail,” says club president Reto Baumgartner to Blick, “but the procedure causes a frown.” In principle, it is legitimate to demand a share from every shareholder to cover losses. But on the one hand, the schedule is sporty: “Our account balance does not give the 300,000 francs,” says Baumgartner.

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