Blackpool chairman stands down

Karl Oyston has resigned as chairman and as a director at Blackpool with immediate effect.

The newly-promoted Premier League club announced this afternoon the 43-year-old had stepped down but will remain as acting chief executive until the end of the season or new appointment is made.

During this time Oyston will continue to work with manager Ian Holloway on the recruitment of players and on the Bloomfield Road stadium redevelopment project.