Blackpool FC president sues Oyston brothers over 'missing millions'

Blackpool's president Valeri Belokon begins legal action against the Oyston brothers over missing money from the club's account.

By Calum Gillon, Reporter | 16 September 2015

Blackpool's president has begun legal action against the owners over apparent missing money from the club's account.

Latvian Valeri Belokon, who owns a 20% share in the Lancashire club, claims that Karl and Owen Oyston have improperly transferred cash sums to their own companies.

Belokon launched the action via his company VB Football Assets on Tuesday. He has also issued proceedings against the Oystons' company Segesta Ltd, concerning an investment it made in July 2008.

He bought shares in the Tangerines in 2006 and oversaw the rise that culminated in promotion to the Premier League in 2010. The club has since suffered two relegations, though, and are currently struggling in League One.

amp_article__246578 : Database Data restored...  : 

last updated article - 2015-09-17 15:49:55: 

html db last update  - 2021-03-07 10:42:32 : 


ex  - 7200 : read : read cache amp html

Click here for more stories about Owen Oyston

Click here for more stories about Blackpool

Share this article now:

TRENDING TOPICS

Preview: Barcelona vs. Valencia

Preview: Preston vs. Leicester

Preview: Genoa vs. Cagliari

Preview: Estrela vs. Farense

Football previews

Follow @SportsMole for the latest breaking news stories, and follow @sm_headlines to get every headline from Sports Mole

Recommended Next on SM

Preview: Colchester United vs. Blackpool

Champions Man City continue title charge with win at Forest

Premier League Table

	Team	P	W	D	L	F	A	GD	PTS
P	Leicester City Leicester	44	30	4	10	86	39	47	94
2	Leeds United Leeds	45	27	9	9	80	41	39	90
3	Ipswich Town Ipswich	44	26	12	6	88	56	32	90
4	Southampton	45	25	9	11	85	62	23	84
5	Norwich City Norwich	45	21	10	14	79	63	16	73
6	West Bromwich Albion West Brom	45	20	12	13	67	47	20	72
7	Hull City	45	19	13	13	68	59	9	70
8	Middlesbrough	45	19	9	17	68	61	7	66
9	Coventry City Coventry	44	17	13	14	68	55	13	64
10	Preston North End Preston	44	18	9	17	56	61	-5	63
11	Bristol City	45	17	11	17	53	47	6	62
12	Cardiff City Cardiff	45	19	5	21	51	65	-14	62
13	Swansea City Swansea	45	15	12	18	59	64	-5	57
14	Watford	45	13	17	15	60	58	2	56
15	Sunderland	45	16	8	21	52	52	0	56
16	Millwall	45	15	11	19	44	55	-11	56
17	Queens Park Rangers QPR	45	14	11	20	45	57	-12	53
18	Stoke City Stoke	45	14	11	20	45	60	-15	53
19	Blackburn Rovers Blackburn	45	13	11	21	58	74	-16	50
20	Sheffield Wednesday Sheff Weds	45	14	8	23	42	68	-26	50
21	Plymouth Argyle Plymouth	45	12	12	21	58	70	-12	48
22	Birmingham City Birmingham	45	12	11	22	49	65	-16	47
23	Huddersfield Town Huddersfield	45	9	18	18	48	75	-27	45
R	Rotherham United Rotherham	45	4	12	29	32	87	-55	24