[theo_luddite]

Blackpool appear to be making healthy profits. The money being 'diverted' is being 'held' by the Parent/Holding company Segesta Limited, Registered Address: The Blackpool Football Ground, Bloomfield Road, Blackpool,FY1 6JJ. Seems familiar for some reason and is also mostly owned by the Oystons and was previously known as Blackpool Football Club [Properties] Limited.

Lots of clubs and companies have Parent/Holding companies and lots of them shuffle money backwards and forwards as allowed and maybe for tax and liability reasons.

Of course, football clubs, especially smaller one's like Blackpool (and Town) aren't supposed to make a profit. They are supposed to blow everything on the over inflated ego's known as players in order to fulfill the average fan's dream of winning the league. If the money spent isn't enough to get them high enough up the league then the board should jolly well dig deeper into their apparently bottomless pockets and spend even more. The Oyston's aren't doing this (anymore) so the fans are protesting. Both are entitled to do what they are doing in my opinion though getting a game abandoned has lost the Blackpool fans a lot of sympathy. Whether I agree with what they are both doing is another matter.

See also http://www.backhenrystreet.co.uk/thread-...UkJ2YvF-So