Oldham Athletic are heading towards administration

Date published: 28 February 2020


Tumultuous times continue at Boundary Park, as Oldham Athletic could be in administration as soon as next Friday.

Today (28 February) saw Latics served with papers relating to an Administration Order concerning debts of over £600k owed to landlord Simon Blitz via his company Brassbank.  

The club are now due to attend the hearing on Friday 6th March at 2pm, which could see administrators appointed immediately unless the debt is paid in full.

It is believed a potential administrator has been approached, with Blitz keen to provide the backing through administration.

This happened on the same day that HMRC filed a Winding Up Petition at the High Court relating to unpaid tax debts which the Chronicle understand are in the region of £70k.  

This week, staff at the club were told they would be paid their February salaries up to a week late

It's understood the hospitality and fan bar facilities in the North Stand will be open at the Newport County game tommorrow (Saturday 29)
 
This comes just over a month since a council safety sdvisory group effectively closed the newest stand at the ground over safety concerns.  It is understood the council are fully aware of the opening and have not raised any objections.  However, the seating areas of the stand inside the stadium remain closed.

The "Push The Boundary" fan group have published details of an email sent to the club outlining their concerns about the current troubles.  In the email, the PTB group makes clear that the current ownership leading the club into their 125th year is a "step too far".

The email continues: "This is utterly devastating for the supporters of this club and there has to be someone who takes responsibility for this within the club. Goading a landlord to put us into administration, not paying rent and a refusal to engage in talks regarding the North Stand have left us in a powerless situation."

The deadline for points penalties to be enforced by the EFL is March 26.

If the debt remains unpaid, a court hearing are likely to rule that administrators be appointed.

LATICS FOOTER.jpg


Do you have a story for us? Want to tell us about something going on in and around Oldham? Let us know by emailing news@oldham-chronicle.co.uk , calling our Oldham-based newsroom on 0161 633 2121 , tweeting us @oldhamchronicle or messaging us through our Facebook page. All contact will be treated in confidence.


While you are here...

...we have a small favour to ask; would you support Oldham Chronicle and join other residents making a contribution, from just £3 per month?

Oldham Chronicle offers completely independent local journalism with free access. If you enjoy the independent news and other free services we offer, please consider supporting us financially and help Oldham Chronicle to continue to provide local engaging content for years to come. Thank you.

Support Oldham Chronicle