How about that for a result. After a long wait the judgment was presented today in the High Court case between Valeri Belokon and the Oystons with the headline being that the Oyston need to buy out Belokon for £31 million pounds.
Many Blackpool fans thought that the decision would be in Belokon’s favour but didn’t see the outcome of the £31 million valuation of Belokon’s stake in the club. That 31 could end up being higher with court fees and interest added.
This is a massive step towards the Oystons possibly leaving the club, there are a few options on the table which could be then selling up to another party to or to Belokon + another party. It will be interesting to see what plays out in the next month.
If you have the time there are 136 pages the Approved judgment Document you can read below.
Big credit to Valeri Belokon and the team, but also all of those putting pressure on the Oystons including those who helped to point out what was happening with the finances at Blackpool FC over the years.
More details on the following URLs