Oyston family treats Blackpool as ‘personal cash machine’, high court told

12 June 2017 03:18
• Lawyers for Valeri Belokon launch legal action against Owen and Karl Oyston• Case could prove to be one of British football’s most expensive legal actionsThe Oyston family, owners of Blackpool, have been accused at the high court of treating the football club as “the family’s personal cash machine”.Lawyers for the 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. Related: Blackpool fans boycott League Two play-off final against Exeter’s jolly volunteers Related: Blackpool’s Mark Cullen sinks Exeter City in League Two play-off final Continue reading. . read full article

Source: TheGuardian


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