Championship - Belokon sticking with Blackpool
Eurosport - Tue, 13 Jan 15:41:00 2009
Blackpool president Valery Belokon has pledged his future to the club and dismissed reports he has lost £100 million from his personal fortune.
The Latvian bank magnate has injected £4.5million into Bloomfield Road as part of a three-year agreement with the Oyston family.
That deal is due to expire in June and there were fears the cash could dry up but Belokon, who owns 20 per cent of the club, has allayed those fears.
He told the Blackpool Gazette: "Not only am I planning on staying with Blackpool FC, but I am currently considering the possibility of increasing my shares in the club.
"That obviously means my further involvement with the club's progression."
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