Vital Football

Latest Blackpool FC News

Valeri who?

Valeri who?

The deal has taken some time to be completed but news this afternoon confirmed that a deal for around 4.5 - 5 million pounds has been agreed with Belokon becoming the first ever president of the club. So what else does he own, Toronto Pool has had a little look into the Belokon empire.

Finance

He owns two companies involving finance, The Baltic International Bank being the most well known. Established in 1993, it offers classic individual service to it's customers.

Food

Mr. Belokon again owns two companies in the food industry, Kimmel Riga is one of the oldest breweries in Latvia, it began in 1815. His holdings also own Brivais Vilnis, a fish-processing enterprise.


Media

Belokon Holdings owns three companies in the Latvian media. TV5, a television channel (where Blackpool FC highlights have been shown), Telegraf, the Latvian equivalent of The Telegraph! His holdings also have their own publishing house.

Services

They have interests in two service providing companies, a travel agent, WTS, and an insurance company called Baltic Insurance House.

Social

The Riga Golf School and Baltic Institute of Strategic Studies are both owned by Belokon Holdings, providing very much different services on the social side of Latvia.

So as you can see, the new man at BFC has a lot of assets, showing how much money he actually possesses, and how much he could actually put into the club, without dinting his bank account. Any money put in though, he would need something back.

Well, he will, I'm sure, be advertising in England, especially his brewery, with possibly wanting to have the advertising rights to the stadium or the kit. That, coupled with getting promotion to the Premiership (we hope!), would mean that he'll more than get his moneys worth.

But we have to remember Belokon is no Aabramovich who can throw money away, he's said that himself. All enterprises that Belokon invests into must comply with companies strategies. The interesting one being strategies number 8.

"potential to generate positive cash flow no later than 3 years after acquisition".

So he'll be looking to make some money back from his investment too.


Click here to join in the debate on the club forum.

Writer:Campbell_BFC
Date:Friday May 19 2006
Time: 2:57PM

Comments

0
with money behind you, u might start to creap up the league next season
green giant 12
19/05/2006 15:49:00
0
with money behind you, u might start to creap up the league next season
green giant 12
19/05/2006 15:49:00
0
with money behind you, u might start to creap up the league next season
green giant 12
19/05/2006 15:49:00
0
with money behind you, u might start to creap up the league next season
green giant 12
19/05/2006 15:49:00
0
Why the sudden interest from Eastern Europe. Wish someone would thro 3-4 million at our club
miked_joker
19/05/2006 23:19:00
0
Why the sudden interest from Eastern Europe. Wish someone would thro 3-4 million at our club
miked_joker
19/05/2006 23:19:00
0
Why the sudden interest from Eastern Europe. Wish someone would thro 3-4 million at our club
miked_joker
19/05/2006 23:19:00
0
Why the sudden interest from Eastern Europe. Wish someone would thro 3-4 million at our club
miked_joker
19/05/2006 23:19:00
0
Why hasn't Belakon been made Chairman ? Does Oyston still want to pull the strings ?
alphieblues
20/05/2006 13:52:00
0
Why hasn't Belakon been made Chairman ? Does Oyston still want to pull the strings ?
alphieblues
20/05/2006 13:52:00
Page 1/2
  1. 1
  2. 2

Login to post a comment

Best of Vital Network

Recent Blackpool Articles

League Two Play Off Final Details (2016/17)

Details for the League Two Play Off Final at Wembley Stadium between Blackpool and Exeter City have now been confirmed.

Video - Luton 3-3 Blackpool

Blackpool will meet Exeter this month for the right to join League 2 champions Portsmouth, Plymouth and Doncaster in League 1 next season.

Bowyer Thrilled With Luton Win

Manager Gary Bowyer has spoken of his delight at seeing Blackpool overcome Luton Town to book their place in the League Two Play Off Final for this season.

Referee Selected For League Two Play Off Final

The Football League have now confirmed that referee Darren England will take charge of the League Two Play Off Final between Blackpool and Exeter City.

Archived Vital Blackpool Articles

Vital Blackpool articles from

Site Journalists

Write for Vital Blackpool
Write For Vital Blackpool
Apply Here

Current Poll (see more polls)

PO - Luton MotM
Suggested By:
Slocombe3%
Aimson3%
Aldred7%
Robertson3%
Mellor3%
Payne0%
Danns7%
Potts14%
Taylor0%
Delfouneso3%
Cullen32%
Sub - Black0%
Sub - Gnanduillet25%
Sub - Osayi-Samuel0%
ScoopDragon Publishing Entire League Network of Sites

League Table

# Team P W D L Pts. GD
C Portsmouth 46 26 9 11 87 39
P Plymouth 46 26 9 11 87 25
P Doncaster 46 25 10 11 85 30
4 Luton 46 20 17 9 77 27
5 Exeter 46 21 8 17 71 19
6 Carlisle 46 18 17 11 71 1
7 Blackpool 46 18 16 12 70 23
8 Colchester 46 19 12 15 69 10
9 Wycombe 46 19 12 15 69 5
10 Stevenage 46 20 7 19 67 4
11 Cambridge 46 19 9 18 66 8
12 Mansfield 46 17 15 14 66 4
13 Accrington 46 17 14 15 65 3
14 Grimsby 46 17 11 18 62 -4
15 Barnet 46 14 15 17 57 -7
16 Notts County 46 16 8 22 56 -22
17 Crewe 46 14 13 19 55 -9
18 Morecambe 46 14 10 22 52 -20
19 Crawley 46 13 12 21 51 -18
20 Yeovil 46 11 17 18 50 -15
21 Cheltenham 46 12 14 20 50 -20
22 Newport 46 12 12 22 48 -22
R Hartlepool 46 11 13 22 46 -21
R Leyton Orient 46 10 6 30 36 -40
Vital Football Comment
Latest F1 News
Latest Vital Boxing News
Write for Vital Football

Recent Blackpool Results (view all)

Blackpool Fixtures (view all)

Vital Members League Table

RankNamePoints
1.premier 1209
2.Bear1951162
3.SeasideEssexXile121
4.SaskPool94
5.Layton_Seasider60
6.BobHatton52
7.Hastings50
8.whitey194236
9.bfcpete31
10.liverpoolseasider27
The Vital Football Members League