Call to tighten financial controls

Valeri Belokon has called for tighter controls by the Football League on club’s finances.  The Latvian was interested in taking over Blackpool, but lost interest after he discovered that £27m had been transferred from club funds to accounts or companies controlled by owner Owen Oyston.

It is not implied that these movements were not lawful, but more transparency about club finances would be welcome.

Valeri Belokon has called for tighter controls by the Football League on club’s finances.  The Latvian was interested in taking over Blackpool, but lost interest after he discovered that £27m had been transferred from club funds to accounts or companies controlled by owner Owen Oyston.

It is not implied that these movements were not lawful, but more transparency about club finances would be welcome.