SeasideEssexXile
Vital Football Legend
Matt Scrafton tweeting baliffs are at the ground.
Appears VB has begun legal enforcement.
Appears VB has begun legal enforcement.
Thanks MorbidMorbid - 4/3/2018 18:58
:hello:
Valeri Belokon has begun legal enforcement against the Oystons by sending bailiffs to Blackpool’s Bloomfield Road stadium.
Two vans, four bailiffs and representatives from Belokon's lawyers Clifford Chance are currently situated outside the Blackpool Football Club Hotel, where Owen Oyston's offices are based.
His penthouse is also situated in the same area of the stadium as is Denwis Limited, an Oyston-owned company whose principal business activity is described as the ‘letting and operating of own or leased real estate'.
It is understood the bailiffs will also visit an Oyston-owned property later today.
Owen Oyston was ordered to immediately pay up the £25m he still owes Belokon after missing January’s deadline to pay his second installment of £10m.
Justice Marcus Smith made it clear that should the money not be forthcoming, Oyston would face the consequences of enforcement action being taken to make him sell his assets.
It is believed Oyston failed to meet a 5pm deadline last Friday and enforcement is now underway.
In court last month it was found Oyston had failed to progress the sale of assets, which had prejudiced Mr Belokon, and the Court of Appeal had now dismissed his application to overturn the original court judgement from last November.
The Oystons were ordered to buy out former director Belokon for £31.27m back in November after it was found they had illegitimately stripped the club of cash following promotion to the Premier League in 2010.
The judge found Belokon had been unfairly prejudiced and the club was put up for sale four days later.
Representatives for Valeri Belokon have been contacted for comment
Possibly sooner than we think,just hope whatever happens the club survives....Father time moves faster for those who have retired even those who live in Bath.Bear1951 - 5/3/2018 20:53
Prem, why haven't you reminded us that time will tell?
SaskPool - 6/3/2018 11:54
Good article on the Gazette site. Sorry dont know how to copy using my phone. HELP SEX!
The Luddite
whitey1942 - 6/3/2018 11:01
The Bailiffs should take Premier 1 along with OO's other favourites, after all the former councillor has been defending the scarecrow's illicit actions for years.
I have never defended any illicit actions from anyone.whitey1942 - 6/3/2018 11:01
The Bailiffs should take Premier 1 along with OO's other favourites, after all the former councillor has been defending the scarecrow's illicit actions for years.
Bear1951 - 6/3/2018 11:34
whitey1942 - 6/3/2018 11:01
The Bailiffs should take Premier 1 along with OO's other favourites, after all the former councillor has been defending the scarecrow's illicit actions for years.
They only take things with value as the have to recoup their fees at least. :grins: