BELOKON BE­GINS LE­GAL AC­TION

The Football League Paper - - CHAMPIONSHIP - By Pippa Field

OWEN and Karl Oys­ton’s own­er­ship of Black­pool could come un­der scru­tiny in court af­ter Tan­ger­ines pres­i­dent Va­leri Belokon be­gan le­gal ac­tion last week.

Lat­vian busi­ness­man Belokon, who took a 20 per cent share of the club back in 2006, claims that the Oys­tons’ com­pa­nies have im­prop­erly re­ceived mil­lions from Black­pool’s cof­fers.

It is yet another twist to the sorry tale at Bloom­field Road, where demon­stra­tions and match boy­cotts are a reg­u­lar oc­cur­rence in protest of the way the Oys­tons run the club.

The Seasiders dropped out of the Cham­pi­onship last year and had won one game this sea­son prior to this week­end – just four years on from their Premier League ad­ven­ture.

A state­ment read: “‘Va­leri Belokon con­firms that his com­pany, VB Football As­sets (a share­holder in Black­pool Football Club), is­sued a claim against Messrs Owen Oys­ton and Karl Oys­ton and their com­pany Segesta Lim­ited.

“Mr Belokon also con­firms that VB Football As­sets has is­sued re­lated pro­ceed­ings against Segesta Lim­ited con­cern­ing an in­vest­ment it made in July 2008.

“Belokon has filed the claim mainly be­cause, since the club’s pro­mo­tion to the Premier League, mil­lions of pounds of BFC monies were trans­ferred to Oys­tons’ com­pa­nies via un­se­cured in­ter­est-free loans and di­rec­tors’ re­mu­ner­a­tion pay­ments.”

Black­pool FC haven’t com­mented on the case.

UN­HAPPY: Va­leri Belokon

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