Blackpool FC
Through Belokon Holdings and VB Football Assets, Belokon bought a 20% stake in Blackpool Football Club in 2006, and is the club's president. In June 2007 he stated that he was prepared to increase his stake in Blackpool from 20% to 50% following the clubs promotion to The Championship.
On 8 July 2008, Belokon announced that he and Owen Oyston, the majority share-holder of the club, would be personally financing the construction of the new South Stand and South-west corner at Bloomfield Road, with work to start immediately.
On 31 July 2009 it was announced that Belokon was setting up a new transfer fund for Blackpool, into which he was adding a "considerable amount" on 5 August in order to invest in new players identified by team manager Ian Holloway.
On 22 May 2010, Blackpool F.C. were promoted to the top tier of English football, the Premier League, one year quicker than Belokon had predicted when joining the club in 2006.
Read more about this topic: Valeri Belokon