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Blackpool Football Club is up for sale (merged)
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CheshireSeasider Offline
Very Much So

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Joined: Aug 2013
Post: #46
RE: Blackpool Football Club is up for sale (merged)
[Image: SoldBoard.png]

Hope this comes sooner rather than later Biggrin
10-11-2017 17:56
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Jams80 Offline
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Posts: 167
Joined: Nov 2012
Post: #47
RE: Blackpool Football Club is up for sale (merged)
Future income from Travelodge could have something to do with valuation. Anyone know the value of that?
10-11-2017 17:58
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tangerine77 Offline
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Joined: Mar 2012
Post: #48
RE: Blackpool Football Club is up for sale (merged)
You would think that someone with so much experience in selling properties would be able to come up with a realistic price.
10-11-2017 17:59
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tangerine77 Offline
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Joined: Mar 2012
Post: #49
RE: Blackpool Football Club is up for sale (merged)
(10-11-2017 17:58)Jams80 Wrote:  Future income from Travelodge could have something to do with valuation. Anyone know the value of that?

They don't own the Travelodge just the land.
10-11-2017 18:00
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Bulls Eye Offline
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Posts: 101
Joined: Nov 2017
Post: #50
RE: Blackpool Football Club is up for sale (merged)
Quote:Obviously won't happen but there is an argument to say we should pack out the ground and show prospective buyers we are still here.

Absolutely no way seasider.

The NAPM policy is clear - not a penny more until the Oystons are gone.

As well as using the club as an ATM they have also used its assets as collateral for loans a factor potential bidders will have to consider.

There are ways and means of showing prospective buyers that Blackpool FC fans will return to bloomers when the Oystons leave. Like on Saturday by being outside the ground at KO time for instance.
10-11-2017 18:05
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McPoolmob Online
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Posts: 3,908
Joined: Jan 2014
Post: #51
RE: Blackpool Football Club is up for sale (merged)
Income is about 500k a year.
10-11-2017 18:05
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tangerine77 Offline
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Post: #52
RE: Blackpool Football Club is up for sale (merged)
The travelodge probably have a 50 year lease.
10-11-2017 18:06
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McPoolmob Online
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Post: #53
RE: Blackpool Football Club is up for sale (merged)
The club was previously valued by Oyston representatives at £5.5m, court documents showed.
10-11-2017 18:10
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foggy Offline
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Posts: 5,692
Joined: Mar 2012
Post: #54
RE: Blackpool Football Club is up for sale (merged)
The 4.5m valuation of his 20% stake is because 4.5m is what Valeri gifted/loaned the club. You can't just extrapolate a valuation now based on one transaction 10 years ago.
10-11-2017 18:16
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louise_a Offline
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Joined: Mar 2012
Post: #55
RE: Blackpool Football Club is up for sale (merged)
(10-11-2017 17:45)McPoolmob Wrote:  The court said that VB's 20% share was worth £4.5m making the club worth £22.5m
That's IF the Oystons pay back the £27m they have taken in loans.
The judge said the £2.8m loans plus the £1.8 for 20% meant in principal that Val owned 50% as he judged that the £2.8m was in fact payment to achieve parity of ownership.
10-11-2017 18:17
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McPoolmob Online
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Posts: 3,908
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Post: #56
RE: Blackpool Football Club is up for sale (merged)
The problem with a sale has always been the £27m out on loan, making the club worth a negative figure.
The BST offer to hand over the keys and walk away debt free was imoa a very good offer.
10-11-2017 18:18
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tangerine77 Offline
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Post: #57
RE: Blackpool Football Club is up for sale (merged)
You could buy someone like fucking Sunderland for what they want!
10-11-2017 18:23
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tangerinejezza Online
Pottys stalking victim

Posts: 22,782
Joined: Jun 2012
Post: #58
RE: Blackpool Football Club is up for sale (merged)
Sky sports news said a company was looking at accepting offers for the club. That’s all. No mention of any amount.
10-11-2017 18:40
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McPoolmob Online
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Post: #59
RE: Blackpool Football Club is up for sale (merged)
Blackpool Football Club has been put up for sale by the Oyston family, it was confirmed.

The news came at the end of a turbulent week for the club's owners, who were ordered to pay former director Valeri Belokon £31.2m on Monday and accused of "illegitimately stripping" the club of cash by a High Court judge.

Karl Oyston, Blackpool FC's chairman, left, and former director Valeri Belokon before their costly fall-out

Pressure was also mounting on the English Football League to act, with chiefs saying they were reviewing the judge's decision ahead of a meeting later this month.

Fans, many of whom pledged to stay away from matches until the Oystons have gone, reacted with joy, while former players said they hope the move will soon see Bloomfield Road awash in a sea of tangerine once again.

READ MORE: Blackpool FC fans take to social media following sale announcement

In a statement released through its website this afternoon, the club confirmed it was "now in a position" to sell both Blackpool Football Club Limited, and Blackpool Football Club Properties Limited, which owns Bloomfield Road and property at the stadium.

Crowds at Bloomfield Road have plummeted in recent years as some fans vowed to stay away until the Oystons have gone

No asking price was given, with 'expressions of interest' being taken by email.

The club was previously valued by Oyston representatives at £5.5m, court documents showed.

No mention was made of Blackpool FC Hotel, based in the stadium's south stand, a separate business also owned by the Oystons, who have owned the club since 1986.

The statement also said the Oystons would be appealing against some of Monday's High Court ruling.

Ex-Pool midfielder Gary Taylor-Fletcher, who played for the Seasiders during their brief spell in the top flight, said: "The fans will feel as if they have got their club back, the crowds will increase, and the players will get the support they deserve."

"In the interim period, as throughout the litigation process, the focus of the football club’s board remains on supporting the manager and continuing to negate the impact of off-field issues," it added.

READ MORE: Bowyer: I'll just keep doing job until Blackpool's future becomes clear

Coun Tony Williams, opposition leader at Blackpool Council, had previously called on the Oystons to sell up, and said he wasn't surprised by the move.

He said: "Hopefully, we will find buyers who will help sustain this historic club, and will rebuild all the good relationships with fans."

Jeremy Smith, who faced being sued for defamation by the Oystons before the case was dropped at the last minute, saidthe sale should have come '20 years ago, never mind now'. He said he now hopes Valeri Belokon will buy the club.

Christine Seddon, chairman of Blackpool Supporters' Trust, added: "I really do feel overwhelmed. I have never doubted this day would come, I just didn't know when.

"We are very confident there are decent people out there that will buy this club. It's like Christmas and birthdays all come early at once."

Ex-Pool midfielder Gary Taylor-Fletcher, who played for the Seasiders during their brief spell in the top flight, said: "The fans have stuck together and got what they wanted.

"Now, hopefully everyone can pull in the right direction and get the club back to where it belongs. The fans will feel as if they have got their club back, the crowds will increase, and the players will get the support they deserve."

And Ben Burgess, who made 126 appearances between 2006 and 2010 before later retiring and becoming a teacher at Hawes Side Academy, said: "It's unbelievable really.

"Once the result of the court case came out, this is what a lot of fans wanted to happen, but you have it in the back of your mind it won't.

Fans disillusioned with the way Blackpool was run have marched through the resort on 'Judgement Days'

"I work with some life-long Blackpool fans who have been boycotting, and they cheered when I told them.

"Fans are so excited - they are already talking about their first game back."

Tim Fielding, honorary vice president of Blackpool Supporters' Trust, said: "It's not sunk in yet, and it's not sold yet, but I see this as a huge, positive development. We all want to get back to supporting our team."

Mr Fielding said he believes a combination of fans' long-running 'Not A Penny More' (NAPM) campaign and Monday's judgement led to the decision to sell, but said it would be "naive to say Monday was not the main driving force."

It was at the Rolls Building in London that Justice Marcus Smith found that the Oyston family acted improperly and paid £42m to their own companies.

The judge also said he would be ordering Owen and Karl Oyston to buy out Mr Belokon's shares in the club.

Mr Belokon, who bought a 20 per cent stake in the club in 2006, must now be regarded as a 50 per cent owner, he ruled.

The decision was greeted by cheers by the 53 fans at the hearing, and came after Mr Belokon's company, VB Football Assets, brought an action against the Oystons and their companies, alleging they had shown unfair prejudice against shareholders.

Lawyers for VB Football complained that both Mr Belokon and his nominated directors were excluded from key decisions, information and share of profits.

Owen Oyston, Blackpool's majority shareholder, and his son Karl, the club's chairman, denied the accusations during a lengthy civil trial in London earlier this year before Mr Justice Marcus Smith's ruling, and gave evidence that all financial transactions were conducted in an open and transparent manner.

Mr Belokon could not be immediately reached for a comment.

Karl Oyston, who had yet to comment publicly on Monday's ruling, last February insisted he would not put the club up for sale.

“There’s no appetite to sell, there’s no appetite to leave, there’s a massive appetite to deal with the problems we’ve got,” he said.

“The on-the-pitch problems are well on the way to being repaired, the off-field problems in some cases may be repairable, in some cases not.

“That won’t stop the football club and people around it doing what we can to repair those relationships.

“We will set our position out clearly so people can see what we are trying to achieve.”

Pool fan Andy Grice, who had to pay a Blackpool FC lawyer £18,000 over online slurs, said: "I'm delighted and from a fans' point of view the quicker the better.

"Andy Pilley's name has already been mentioned.

"But I would welcome anyone if they have the interest in developing Blackpool FC for the fans and the community.

"Blackpool is a town that needs everyone working in the right direction to improve its image and economy."

And Jeremy Smith, who faced being sued for defamation by the Oystons before the case was dropped at the last minute, said the sale should have come "20 years ago, never mind now".

Mr Smith, who works for Karl Smith Car Sales in Blackpool, and whose legal battle came after he was pictured holding up a doctored Gazette front page in 2014, said he would be "delighted" if Belokon now stepped forward to buy the club.

He said: "I have had the pleasure of meeting Valeri Belokon on more than one occasion, and I have social meetings with his advisers, and they are all truly good people."

Paul Crossley from Kendricks, which is marketing the Oyston Mill in Preston for sale, as well as Sam Oyston's Hellfire club in Blackpool, said he had not been instructed to sell Blackpool FC.
(This post was last modified: 10-11-2017 18:51 by McPoolmob.)
10-11-2017 18:46
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McPoolmob Online
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Post: #60
RE: Blackpool Football Club is up for sale (merged)
For those that can't be assed with the Gazette website ^
10-11-2017 18:53
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