Valeri Belokon has released a statement to confirm legal action against the Oyston family and Blackpool FC’s holding company Segesta Limited.
Statement in full:
“Valeri Belokon confirms that yesterday his company VB Football Assets (a shareholder in Blackpool Football Club (BFC)) issued a claim for unfair prejudice in the London High Court against Messrs Owen Oyston and Karl Oyston and their company Segesta Limited.
Mr Belokon also confirms that VB Football Assets has issued related proceedings against Segesta Limited concerning an investment it made in July 2008.
Belokon has filed the claim mainly because, since club’s promotion to the Premier League, millions of pounds of BFC monies were transferred to Oystons’ companies via unsecured interest-free loans and directors’ remuneration payments.”