Latics nearing survival
By Simon Fudge
Last Updated: 01/01/70 1:00am
Talks between current Oldham owner Chris Moore and the club's survival committee, headed by marketing manager Sean Jarvis and accountant Neil Joy, looked to have brought a near completion to a survival deal for the Boundary Park outfit.
Moore is said to be prepared to hand over his majority shareholding for a nominal fee of £1 to both Jarvis and Joy, following discussions of a survival plan that involves investment from former Bolton Wanderers chairman Chaytow.
On Friday, Jarvis told Oldham Athletic's official website that everything is in place to complete the handover of Moore's shares on Monday.
"The survival plan has always been our last hope and the past couple of weeks have involved literally hundreds of meetings that will allow the club a fighting chance to survive," said Jarvis.
"There is no more that we can do, we are looking forward to the completion meeting on Monday afternoon.
"The focus and day one of our survival plan starts on Saturday with the All Stars Match.
"The match is a great opportunity for celebration and the community of Oldham to start a new chapter in Latics history.
"It would be great to see a packed house at Boundary Park and of course vital funds raised for the Supporters Trust."
With Oldham's future seemingly secure, it is looking likely that highly-rated defender Fitz Hall will be leaving the Second Division club, with Premiership side Southampton leading the way to landing the 22-year-old stopper.
Hall has also attracted interest from Everton and Cardiff City, with The Bluebirds having had a £500,000 bid accepted by Oldham for the defender.
However, The Saints look to be leading the chase to sign Hall, as The Latics face the inevitability of losing their best players in their current financial plight.