Where are they now? Valeri Belokon,

Insider

Well-known member
Reading another thread has prompted me to ask if anyone has heard anything from Valeri or his gang recently.
I know some posters used to keep in touch.
 
He did a lot for us and eventually personally profited hugely thanks to Oyston`s crass stupidity in not accepting his out of court settlement offer. He could have covered himself in much greater glory if he had personally recompensed those that the odious ones took to court and were so unjustifiably fined as a result.It would have been a drop in the ocean compared to the around £33 million that he was awarded.
 
Funded the best trip.
Catalyst behind getting the O's out which led to new ownership and hopefully a much brighter future.
When things get back to normal I'd like to see him invited back to BR for a game so the fans could give him the thanks he deserves.
Did he ever get the full amount awarded by the Court or did he do a deal with O to conclude the matter?
 
We don't know how much he actually has received of the amount awarded in court compared to what he put into the club.
 
It was Oyston that removed it unlawfully. It was Oyston that had to compensate for that. Once the cash was gone from the club it wasn’t the clubs cash anymore as most of us people who are told we know nothing and talk claptrap were telling the ever so wise on here. That was the whole point of the court case.
 
If memory serves was it around £5 million or perhaps a little more subsequently that he put in to the club.We `ll probably never know how much the Oystons have managed to duck paying him but with crooks like them no doubt every penny that they can get away with if so let`s hope the necessary legal processes are pursued and nail the scum..
 
If memory serves was it around £5 million or perhaps a little more subsequently that he put in to the club.We `ll probably never know how much the Oystons have managed to duck paying him but with crooks like them no doubt every penny that they can get away with if so let`s hope the necessary legal processes are pursued and nail the scum..
It was an initial investment of £5m
Plus he gifted some on top
Then he invested in the South Stand
Off the top of my head it was circa £11m
 
It was an initial investment of £5m
Plus he gifted some on top
Then he invested in the South Stand
Off the top of my head it was circa £11m
£11m sounds ballpark right. I wonder how much he has received? And what his legal expenses amounted to and whether he has ever got those back? People are doing a lot of guessing about what has happened and deciding he's robbed the club. Someone above reckons OO and Vb took £60m+ out - that is a complete misunderstanding, for example.

We don't know anything like enough to judge VB. He cam here in good faith, he invested in good faith, he never took anything back until hje was forced into litigation. He spent a huge amount of time, money and human resources on fighting the Oystons and acted in the best interests of the club. We also don't know what was agreed between him and SS. Criticism of VB in my opinion is unwarranted, and based on guesswork. He did us a series of massive favours. Principally two promotions we waited decades for, and removing the Oystons. Only gratitude from me.
 
Voyeur it's a bit naïve to think he did it only because he was acting in the best interests of the club. He's a businessman and he'll be wanting a return on his investment.
Hopefully he'll turn up at the Armfield club and we can ask him then.
 
He did a lot for us and eventually personally profited hugely thanks to Oyston`s crass stupidity in not accepting his out of court settlement offer. He could have covered himself in much greater glory if he had personally recompensed those that the odious ones took to court and were so unjustifiably fined as a result.It would have been a drop in the ocean compared to the around £33 million that he was awarded.
I honestly thought he'd have done that, unless it was done on the QT
 
He did us a series of massive favours. Principally two promotions we waited decades for, and removing the Oystons. Only gratitude from me.
Absolutely. Certainly no prem season at Bloomfield Road without that south stand that his personal money built and which the Oystons then enjoyed the benefits from.

The guy gets the freedom of the town for me. The Oystons deserved being run out of town.
 
Voyeur it's a bit naïve to think he did it only because he was acting in the best interests of the club. He's a businessman and he'll be wanting a return on his investment.
Hopefully he'll turn up at the Armfield club and we can ask him then.
I'm not naive about that in the slightest actually. However, I think it's pretty much irrelevant given everything that occurred and where we ended up and the fact that he actually did act in the best interests of the club throughout and spent a hell of a lot of money on the club and the legal proceedings and the last we heard had only got a fraction of the award paid to him. He acted in the interests of the club through the court case, but you obviously didn't grasp that.

I think you are naive, in other words
 
If the money Oyston had taken out had been put to a new training ground and east stand we would still have Oyston

Personally I’d rather have no Oyston and no training ground and no East stand and be where we are today.

I suspect few would disagree interesting talking point
 
If the money Oyston had taken out had been put to a new training ground and east stand we would still have Oyston

Personally I’d rather have no Oyston and no training ground and no East stand and be where we are today.

I suspect few would disagree interesting talking point
We would have taken non league football too ,happy where we are at the moment its just good to have someone who cares for the club like we do.
 
He did a lot for us and eventually personally profited hugely thanks to Oyston`s crass stupidity in not accepting his out of court settlement offer. He could have covered himself in much greater glory if he had personally recompensed those that the odious ones took to court and were so unjustifiably fined as a result.It would have been a drop in the ocean compared to the around £33 million that he was awarded.

Couldn't agree more and I would go further to say that it would have been nice to see him give something from his settlement to the club.

He has done nothing illegal and I know he can do whatever he likes with his own money but it would have just sat better with me if he had left something in the club as one way or another a huge amount of the revenues generated by our "once in a lifetime" squad that won promotion to the Prem were removed from the club.
 
If OO had sold the Club prior to litigation would Valeri still have taken him to Court or just written off his investment?
At the time the impression was that he was at least partly motivated by trying to free the Club from the Oystons on behalf of the fans and God knows where we would have been now without it.
Initially I think VB was riled into taking action by the O's attitude and refusal to reimburse him with his initial investment.
There are obvious risks involved in going to Court but the final award must have been way beyond his expectations.
 
Simon Sadler is a businessman too . Are we going to accuse him of wanting a return out of the club next?
Wasn’t it reported at the time of the take over that Belokon offered assistance but Sadler said “Thanks but no thanks”? He wanted to go it alone.
We’ll be besmirching the name of Billy Ayre next saying he profited from the club by insisting on cashing his no doubt paltry wage cheque every week .
 
Whichever you sugar coat it he and Oyston ended up with the majority of the Premier League money. The club got very little.

What we do know is that the Premier League money wasn't there when the CAR came in

Whatever VB got back came from enforcing the judgment against Oyston assets

VB risked a lot and devoted huge resources to bringing that action - the result was off the scale in the end but he ( and indeed his legal team ) never expected that and then had to through huge sums at enforcement action

I doubt very much he was even in profit after the sale of BFC - that only came on the disposal of Home Farm
 
It does stick in my throat a bit that he trousered millions from our club.

Tand to agree a bit, yes we’re eternally grateful for his contribution while he was with us and for getting rid of the Oystons, but in reality it was club money.

I wasn't affected, financially, so I'm not going to speak on behalf of the fans that were - but for me, I can let go of whatever money he took. He bought into the club on good pretences, was shafted, sued and took what the courts lawed was owed to him. That money is his and he's a businessman.

I'm talking on this message board, I am excited about the club and was going on games again with my old man once the O's were gone because of him. He had all of the O's' pants down. We'll always have that and hopefully we'll always have our club. Cheers, Valeri 🍻
 
I wasn't affected, financially, so I'm not going to speak on behalf of the fans that were - but for me, I can let go of whatever money he took. He bought into the club on good pretences, was shafted, sued and took what the courts lawed was owed to him. That money is his and he's a businessman.

I'm talking on this message board, I am excited about the club and was going on games again with my old man once the O's were gone because of him. He had all of the O's' pants down. We'll always have that and hopefully we'll always have our club. Cheers, Valeri 🍻
Agreed. He didn't take money directly from the club. In fact the judge made it clear that any settlement should come from outwith the club.
The problem is that they'd already stripped out (can we say that now?) the money that was eventually used to settle up.
 
Agreed. He didn't take money directly from the club. In fact the judge made it clear that any settlement should come from outwith the club.
The problem is that they'd already stripped out (can we say that now?) the money that was eventually used to settle up.

He may not have taken any money directly from the club Wiz but he eventually rook money from somebody who had removed money from the club.

It all amounts to the same thing and while I appreciate that Uncle Val did good things for the club and risked monies that might never have been recovered, the fact remains that he did profit from his investment in the club.

With that in mind, I am surprised and disappointed that he did not make some sort of gift to the club in lieu of his settlement.
 
He may not have taken any money directly from the club Wiz but he eventually rook money from somebody who had removed money from the club.

It all amounts to the same thing and while I appreciate that Uncle Val did good things for the club and risked monies that might never have been recovered, the fact remains that he did profit from his investment in the club.

With that in mind, I am surprised and disappointed that he did not make some sort of gift to the club in lieu of his settlement.
the biggest gift he made to the club was ridding us of the scumbag family that have blighted our club for years
 
We can all spin it how we choose to but surely we can all agree that Uncle Val eventually profited from his investment in the club - whether directly or indirectly - and that the club did not benefit from promotion to the Prem like it should have done ??????????????????
 
How do we know he didn’t contribute by way of the agreement and settlement figure paid by Simon Sadler.

Surely that would be a contribution to Simon Sadler and not Blackpool Football Club ?

Uncle Val can do what he likes with his money but why would he gift Simon Sadler money ?
 
If there was ever any prospect of Valerie handing some of the proceeds back to the Club as a goodwill gesture it was never going to happen until the full amount had been collected and from what I can gather on here we don't know if it has.
 
How do we know he didn’t contribute by way of the agreement and settlement figure paid by Simon Sadler.
Just to be clear you can never know 100% unless it’s you and even then....!

However, I would say it’s highly unlikely as people involved have confirmed to me he didn’t, and no rumour has ever broken about it happening.
 
Think people are looking at this naively. Yes VB made a return on his investment. Quite a good one over a decade ago. But the alternative to investing in BFC wasn’t to leave £11m in a bottom drawer and hope for the best. He’d have put that money to some kind of a productive use. Even if he’d put it into a market tracker fund and reinvested dividend over that period he’d have made a big sum of money with next to no risk. He took a massive risk, could’ve lost the lot. He owes us very little besides thanks.

Would still welcome his involvement/support.
 
Back
Top