TomandJerry
Well-known member
- Oct 1, 2013
- 11,450
"The president of Blackpool Football Club has begun legal action against its owners amid concerns about the alleged transfer of millions of pounds away from the club's accounts.
Businessman Valeri Belokon, who owns a 20% share in the club, claims Karl and Owen Oyston have improperly transferred cash sums to their own companies.
He has issued a claim for "unfair prejudice" at London's High Court.
A spokesman for Blackpool Football Club said there would be "no comment".
Mr Belokon claims millions of pounds were transferred to the Oystons' companies "via unsecured interest-free loans and directors' remuneration payments".
The Latvian businessman launched the action via his company VB Football Assetts on Tuesday.
He has also issued proceedings against the Oystons' company Segesta Ltd, concerning an investment it made in July 2008."
http://www.bbc.co.uk/news/uk-england-lancashire-34268761
Businessman Valeri Belokon, who owns a 20% share in the club, claims Karl and Owen Oyston have improperly transferred cash sums to their own companies.
He has issued a claim for "unfair prejudice" at London's High Court.
A spokesman for Blackpool Football Club said there would be "no comment".
Mr Belokon claims millions of pounds were transferred to the Oystons' companies "via unsecured interest-free loans and directors' remuneration payments".
The Latvian businessman launched the action via his company VB Football Assetts on Tuesday.
He has also issued proceedings against the Oystons' company Segesta Ltd, concerning an investment it made in July 2008."
http://www.bbc.co.uk/news/uk-england-lancashire-34268761
