Blackpool FC's CEO focusing on future
Wed 13th Oct 2010 | Clubs Ownership
Blackpool football club’s former chairman Karl Oyston, is focusing on the future after the bankruptcy order made against him was annulled yesterday.
Oyston, who stepped down as chairman and director on August 18, a day before it emerged he was involved in a bankruptcy hearing.
He was later declared bankrupt and an insolvency report published in September confirmed his status had been such since August 18.
Although Premier League rules forbid any person who has been declared bankrupt from serving as a club chairman or director, Oyston has continued as acting chief executive at Blackpool, who issued a statement on Tuesday confirming the bankruptcy order had been annulled.
Oyston told the Blackpool Gazette: "I am pleased it is resolved, and I am looking forward to working with the manager and trying to keep our Premier League status.
"I'm also looking forward to completing the ground developments at the club, and concentrating more efforts on the construction of a new training ground.
"I've been to every match and I am absolutely delighted with the way the team has played," said Oyston.
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