Oldham Athletic avoid administration.

Date published: 06 March 2020


Oldham Athletic avoided administration today after the court granted a six week adjournment.

The Administration Order had been brought by the owners of Boundary Park, Brassbank, over unpaid debts amounting to almost £600,000.

However, with news of a deal being struck between Brassbank and the clubs owner, Abdallah Lemsagam an adjournment of six weeks was granted as both sides look to continue talks to complete a deal.

It is believe Mr Lemsagam has made an offer of £6.5m to buy Boundary Park from Brassbank which has been accepted by Simon Blitz, Brassbank owner and former Latics owner.

Talks to finalise a deal are now set to continue.

Oldham Athletic avoided administration today after the court granted a six week adjournment.

The Administration Order had been brought by the owners of Boundary Park, Brassbank, over unpaid debts amounting to almost £600,000.

However, with news of a deal being struck between Brassbank and the clubs owner, Abdallah Lemsagam an adjournment of six weeks was granted as both sides look to continue talks to complete a deal.

It is believe Mr Lemsagam has made an offer of £6.5m to buy Boundary Park from Brassbank which has been accepted by Simon Blitz, Brassbank owner and former Latics owner.

Talks to finalise a deal are now set to continue.


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.