Triple 'A' takes the stage

Last updated : 15 January 2004 By Dave Moore
Administration is a bad word in football but Athletic will still be in administration after the Football League Approve that the Latics will be back in control of their own destiny today. Currently working under a transfer embargo, the club are hoping that the formal takeover by the ‘Big Three’, Simon Blitz, Simon Corney and Danny Gazal, will be approved.

The approval will mean that normal service will be resumed and the club will again be able to trade which means that new players can be brought in. The three have invested over £7million so far with the weekly wages and with the purchase of Boundary Park. The courts will determine the final outcome but everyone at the club is confident that there will be no hitches in the process and the new company – Oldham Athletic (2004) Association Football Club – will be up and running tonight.

All the demands of the league have been met with the new business plan and the Administrators (PKF) are hoping that things will now be a formality. Jon Newell, spokesman for PKF said, “The league meet in secret to avoid being lobbied by clubs or fans, but I don’t see any problem with our deal being agreed.” The three new owners will hold a 100-per-cent stake in the club but it is anticipated that the Supporters Trust will be given a big role in the running of the Latics. All six outside candidates for the role of new manager have been interviewed and a press release is expected very soon. Things are looking up for Oldham at last.