GT49er
Well-known member
I suspect the Oystons will still walk away with a lot more than Blackpool FC.
They have. The Receiver has been called in.
I suspect the Oystons will still walk away with a lot more than Blackpool FC.
If there were any justice or any precedents set which made any sense then yeah, fair enough.I have genuinely every sympathy for the Blackpool fans, but I disagree entirely. The receivers are in, debt is going to end up unpaid - there absolutely should be a deduction. Otherwise it sets a terrible precedent. We cannot have the football authorities setting themselves up as arbiters of what constitutes a 'good' or bad' receivership.
I'd say the same, even if the 12 points would relegate them. As things stand though, a potential 12 point drop takes Blackpool from 6 points outside the play-offs, to 2 points above the bottom 4. They have a side better than those down there though, and would surely climb to mid-table in a few weeks - especially with the feel good factor of the crowds coming back in.
Best of luck to them.
A fresh start confirmed.
The Oyston’s had stripped the group companies of its huge PL cash pot (they didn’t spend it on major transfers and player wages), over a number of years by paying themselves huge bonuses and salaries.
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Chuffed for them, not quite Archer, Stanley but they have suffered for a long time
Chuffed for them, not quite Archer, Stanley but they have suffered for a long time
I just found this in Blackpool’s 2010/11 accounts (their PL season):
£42m of PL money, giving total club income of £51m.
Transfer spending £3.4m.
Wages to the Oyston’s £11m!
By a different means from Archer’s triangular property deals, club assets ended up elsewhere.
I remember many years ago Oyston claiming he made a fortune from his short-lived socialist tabloid newspaper, but lost an even bigger one when it went tits-up. He clearly learned his lesson.
So did Belokon finally get his £25M (well, somebody's £25M anyway) then? Can't say I find much to rejoice about with that. Still, if the Oystons are finally out of the club, I guess many of the fans would think that's at least worth a 12 point deduction!
They didn’t get a points deduction.
I know. I didn't say they had. I said I thought that Blackpool fans would probably think it would be worth a 12 point deduction to get rid of the Oystons.
So did Belokon finally get his £25M (well, somebody's £25M anyway) then? Can't say I find much to rejoice about with that. Still, if the Oystons are finally out of the club, I guess many of the fans would think that's at least worth a 12 point deduction!
Thanks for that.The Guardian’s David Conn covered this just an hour ago.
The £10m Sadler played for the football club, stadium and hotel goes into the pot the court appointed receiver is gathering for Belokon.
..........and completely out of money too, since they don't appear to have got a penny of all this money sloshing around?That’s the club completely out of the picture now.