UK time is: 04:06:51
Vital Login
Social Login

Choose your club

Other Sites

Network Navigation

Vital Partners

'If It's Football, It's Vital'

Oyston Has Bankruptcy Annulled

Blackpool Chief Executive Karl Oyston has had his bankruptcy annulled.

It was reported that Oyston - who has been the figurehead behind the Seasiders' financial planning for the last decade - switched roles from the chairmanship because of the case. The Premier League forbid anyone who has been declared bankrupt from being chairman or a director.

He has been praised in media circles for the handling of contracts after promotion to the Premiership. Ian Holloway isn't allowed a new signing on a contract over 10,000-a-week with the club desperate not to fall into the trap Portsmouth and Hull City.

An official statement from Bloomfield Road reads: 'Blackpool Football Club can confirm that, with effect from 4pm on Tuesday 12 October 2010, the bankruptcy order dated 18 August 2010 made against the former chairman of the club, Karl Oyston, has been annulled.

'The annulment order reverses the effect of the bankruptcy order as if it had never been made.'

Premier League officials have noted that they are aware of the developments and released this statement in reaction to the news: 'The Premier League has received notification of Karl Oyston's annulment. The Premier League Board will now consider the matter at its earliest convenience.'




Use your social login to comment on front page articles. Login using you Facebook, Twitter, Google or LinkedIn accounts and have your say!



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

The journalist

Writer: Editor Mail feedback, articles or suggestions

Date:Tuesday October 12 2010

Time: 7:28PM

 

Have Your Say

Log in...
with your social network     OR     with your Vital account

Recent Blackpool Articles

Madine Not Ruling Out Blackpool Stay (Saturday March 28 2015)

McMahon Makes Bradford Move (Thursday March 26 2015)

Dunne Enjoying Life At Blackpool (Thursday March 26 2015)

Quiet Day At Bloomfield Road? (Thursday March 26 2015)

An Untenable Position (Tuesday March 24 2015)

Charge For Oyston Over Texts (Monday March 23 2015)

Madine On Leeds Point (Sunday March 22 2015)

Archived Blackpool Articles

List All Vital Blackpool Articles
Have your say
Click here to suggest an article
Click here to suggest a poll
ScoopDragon Publishing Entire League Network of Sites

League Results (view all)

League Table (view table)

Team P W D L GD Pts
18. Huddersfield 39 11 11 17 -19 44
19. Reading 38 12 8 18 -19 44
20. Fulham 39 12 7 20 -18 43
21. Rotherham 39 9 13 17 -20 40
22. Wigan 39 8 11 20 -17 35
23. Millwall 39 7 12 20 -31 33
24. Blackpool 39 4 11 24 -48 23

Breaking League News

LUFC Four see red as Eire claim last gasp draw
Leeds Utd : 31/03/2015 20:44:01
RUFC - Reserves Get Away Draw
Rotherham : 31/03/2015 20:11:00
LUFC Double blow for Cook
Leeds Utd : 31/03/2015 19:51:01
LUFC Leeds Midfielder having trial with Scunthorpe
Leeds Utd : 31/03/2015 19:06:00
Countdown To Bournemouth Showdown Begins!
Ipswich : 31/03/2015 18:28:00

Current Site Poll (view all polls)

Leeds MotM
Suggested By:  Site Staff
Lewis 1%
Hall 0%
Clarke 0%
O'Dea 33%
Dunne 0%
Cubero Loria 0%
Addison 0%
Perkins 0%
Orlandi 66%
Madine 0%
Jacobs 0%