Blackpool Asked To Clarify Oyston Role

Blackpool must clarify acting chief executive Karl Oyston's role at the newly promoted club after it was revealed he had been declared bankrupt.

Under the Premier League's Owners' and Directors' rules a person made bankrupt is barred from holding the position of chairman or director.

Insolvency records show he was made bankrupt on 18 August, the day he stepped down as the club's chairman.

"We are going to be in touch with the club," a league spokesman has said.

"We want to clarify the bankruptcy and his position at Blackpool," added the Premier League spokesman.

A Blackpool spokesman said the club would not comment on the matter but the club's website lists him as a member of the Blackpool board.

When Oyston resigned as chairman on 18 August the club said he was to stay on as acting chief executive until the end of the season or until a replacement was found.

The 43-year-old Oyston will be automatically discharged from bankruptcy on 18 August 2011, according to the Individual Insolvency Register.

Posted at 10:00AM Sep 19, 2010 by Marc Stenton in Insolvency  |  Comments[0]