Oystons ordered to buy out Blackpool shareholder for £31m after losing court battle

06 November 2017 04:25
• High court judge finds Oystons ‘unfairly prejudiced’ Valeri Belokon• Owen Oyston and son Karl paid out £26.77m to companies they ownedA high court judge has ruled that Owen Oyston and his son Karl, the owners of Blackpool football club, must pay £31m to the minority shareholder Valeri Belokon for his shares after operating an “illegitimate stripping” of the club following promotion to the Premier League in 2010. Related: Supporters Direct lobbies for tougher ‘fit and proper people test’ for owners Continue reading. . read full article

Source: TheGuardian


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