Following todays victory in Court by the Blackpool club President, are the fans of the seaside club closer than ever before to getting out the once voted worst Chairman in English football?
The dispute arose between them in respect of the share owed to Mr Belokon, the president of Blackpool Football Club since 2006, of any income and profits generated following the development of the South Stand, and the deduction of legitimate expenditure. This even includes a loss-making hotel, from what Mr Belokon believed he was owed under the commercial agreement.
A judge at Manchester’s High Court ruled against Owen and Karl Oyston, respectively the Lancashire club’s owner and chairman. A ruling that was met with muted cheers from the travelling Blackpool fans.
A forensic accountant will work out the exact figure the Oystons have to pay at a later date, however the sum could be anywhere up to £3m. Fans of the Tangerines will be hoping for as high a sum as possible as they hope to drive out the Oystons with their ethical ‘not a penny more’ boycott.
With this huge arrear, as well as dwindling ticket sales, surely it has made it financially beneficial for them to sell up?
A separate, £10m legal case between Belokon and the Oystons is scheduled to be heard in London later this year.