Blackpool FC's majority owner denies seeking his own multimillion-pound payout after the club "struck the jackpot" to reach the Premier League.
Owen Oyston is accused by club president Valeri Belokon of improperly extracting millions of pounds from the football club after 2010.
The majority shareholder has told London's High Court he was the victim of a "set-up" by Mr Belokon.
Mr Oyston and his son Karl deny "unfair prejudice" against shareholders.
Karl Oyston is the club chairman.
During the hearing earlier his father Owen Oyston was cross-examined about an £11m payment made to his service company Zabaxe Ltd in 2012.