BELOKON BEGINS LEGAL ACTION
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