Valērijs Belokoņs or Valeri Belokon (Russian: Валерий Белоконь; born 14 February 1960) is a Latvian businessman.

On 8 July 2008, Belokoņs 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 Belokoņs 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 were promoted to the top tier of English football, the Premier League, one year sooner than Belokoņs had predicted when joining the club in 2006.

In November 2017 a court determined that Owen Oyston and his son had abused their majority shareholding position at the club in a manner that was detrimental both to the business and Belokons.