Blackpool News 24/7Writer: Campbell_BFC 
Date:Friday May 19 2006
Time: 8:19AM
UK time is: 20:33:20
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Deal done for 5 million
The announcement was made after a team went over to Latvia on Thursday, it included current chairman Karl Oyston, manager Simon Grayson and members of the local press.
Belokon's company Belokon Holdings will now receive shares in the club on the 19th of June when a general meeting is set to take place.
The investment will mainly be into team building and it is planned the cash will be phased into the club in stages. It also means that Belokon will become club president, but Oyston will remain as chairman.
Let the spending commence!
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Your Comments
How much will be spent on players and how much will go into Oystons pocket ???
alphieblues
should be all intio the fottball team hopefully
j_campbell
going up next season then
green giant 12
looks like things are on the up for you. Good luck next season
red_gilly
blackpool stadium is *****
fenton_01
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