Blackpool’s Oystons miss deadline for £10m payment to Belokon

• Blackpool owners ask more time to pay overdue £10m
• Payment is second instalment of £31.27m owed

Owen Oyston and his son Karl, the owners of Blackpool football club, are understood to have missed the 31 January deadline for the second £10m instalment of £31.27m they were ordered by the high court to pay the club’s minority shareholder Valeri Belokon for his shares.

A court hearing scheduled for Monday is understood to be for Mr Justice Smith to consider an application from the Oystons for more time to pay the overdue £10m.

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