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Blackpool FC high court battle with Belekon - thread
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tangerine77 Offline
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Blackpool FC high court battle with Belekon - thread
A bitter battle between Blackpool FC's owners and its president is being fought out at the High Court in what could prove to be one of British football's most expensive legal actions. Club owners the Oyston family are being accused by the president, Latvian millionaire Valeri Belokon, of stripping the club of funds. Mr Belokon's company, VB Football Assets, is pursing a claim for "unfair prejudice" against Owen and Karl Oyston. A key issue in the case, being heard over five weeks in London, concerns the destination of large sums received from the club following promotion of the Seasiders to the Premier League in 2010. The Oystons are accused of causing tens of millions of pounds to be improperly transferred to themselves or to companies associated with them, to the detriment of VB Football Assets, a minority shareholder. The club's fortunes declined after 2010, though it was promoted from League 2 to League 1 in the play-offs this season. Mr Belokon won a court case in Manchester in February this year in a dispute with the Oystons over his share of profits after he provided £4.7 million in July 2008 to develop the south stand and south west corner of the club's stadium. That case was brought by JSC Baltic International Bank, owned by Mr Belokon, against Segesta Ltd, the holding company for the club's assets. In March, the club announced that Mr Belokon was being suspended from its board as a result of a judgement in the Paris Court of Appeal related to disputed allegations of money laundering involving two banks founded or owned by him.

Read more at: http://www.blackpoolgazette.co.uk/sport/...-1-8590169
(This post was last modified: 12-06-2017 13:47 by GynnSquarePhoenix.)
12-06-2017 08:29
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GynnSquarePhoenix Online
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RE: Blackpool FC high court battle could be among British football's costliest cases
Matt Scrafton‏ on opening statements ...

QC for Valeri Belekon: "Owen and Karl Oyston have treated Blackpool Football Club as the Oystons' personal cash machine"
12-06-2017 13:42
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GynnSquarePhoenix Online
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RE: Blackpool FC high court battle could be among British football's costliest cases
More from Scrafton quoting Belekon's guy ...

"There was the adoption of a deliberate strategy by the Oyston family to take cash out of Blackpool Football Club"
12-06-2017 13:46
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GynnSquarePhoenix Online
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RE: Blackpool FC high court battle with Belekon - thread
[Image: DCHNfiaWsAEonKg.jpg]
12-06-2017 13:54
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GynnSquarePhoenix Online
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RE: Blackpool FC high court battle with Belekon - thread
[Image: DCHNficXUAAS234.jpg]
12-06-2017 13:55
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seasider Online
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RE: Blackpool FC high court battle with Belekon - thread
(12-06-2017 13:55)GynnSquarePhoenix Wrote:  [Image: DCHNficXUAAS234.jpg]

How frail
12-06-2017 13:57
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seasider Online
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RE: Blackpool FC high court battle with Belekon - thread
QC for Valeri Belekon: "Owen and Karl Oyston have treated Blackpool Football Club as the Oystons' personal cash machine"
12-06-2017 13:57
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whitstabletangerine Offline
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RE: Blackpool FC high court battle with Belekon - thread
He can still afford a London Taxi, hopefully for not much longer.
12-06-2017 14:05
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GynnSquarePhoenix Online
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RE: Blackpool FC high court battle with Belekon - thread
From a Belfast Telegraph article published an hour ago. Explains the case .....

Lawyers for Latvian millionaire Valeri Belokon, the club’s president, were launching what could prove to be one of British football’s most expensive legal actions.

Andrew Green QC alleged on Monday at the start of a five-week hearing that Owen and Karl Oyston, owner and chairman of the Lancashire club, had “improperly” extracted millions of pounds from its funds following promotion to the Premier League in 2010 and used the money for their own benefit.

Mr Belokon’s company VB Football Assets, a minor shareholder in the club, was excluded from key decisions, information and any share of profits, said Mr Green.


Full article here ...
12-06-2017 14:08
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tangerine77 Offline
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RE: Blackpool FC high court battle with Belekon - thread
Is one of Owens eyes lower than the other?

Everytime i see the scruffy cunt he is wearing bent glasses.
12-06-2017 14:56
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thetruth1953 Offline
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Post: #11
RE: Blackpool FC high court battle with Belekon - thread
(12-06-2017 13:54)GynnSquarePhoenix Wrote:  [Image: DCHNfiaWsAEonKg.jpg]

Savile Row
12-06-2017 15:01
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thetruth1953 Offline
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RE: Blackpool FC high court battle with Belekon - thread
(12-06-2017 13:55)GynnSquarePhoenix Wrote:  [Image: DCHNficXUAAS234.jpg]

I don,t know!
12-06-2017 15:01
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seasider Online
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RE: Blackpool FC high court battle with Belekon - thread
Someone should tell him what he wears might have acceptable in the 80's
12-06-2017 15:01
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munkle Offline
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Post: #14
RE: Blackpool FC high court battle with Belekon - thread
(12-06-2017 15:01)seasider Wrote:  Someone should tell him what he wears might have acceptable in the 80's

But it wasn't!
12-06-2017 15:09
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whitstabletangerine Offline
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RE: Blackpool FC high court battle with Belekon - thread
I think he meant the 1880's
12-06-2017 15:13
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