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Oldham revive rescue plan

OLDHAM ATHLETIC have proceeded with reviving their original rescue plan following the collapse of a takeover by a Norwegian consortium.

The Latics are facing possible liquidation after owner Chris Moore decided he would not invest more money into the Division Two club, which has been reportedly losing £50,000 a week in recent months.

The club's marketing director Sean Jarvis originally tabled a rescue plan to Moore before a Scandinavian consortium showed interest in buying the Boundary Park outfit.

But the deal collapsed on Friday when the consortium admitted to not having the sufficient financial backing to go ahead with the takeover.

The news brought the club's demise closer to reality, prompting those trying to keep the club in business in to resurrecting their original rescue plan.

The plans call for money being raised by a panel consisting of local companies and businessmen, the supporters trust, the local council and other outside investors.

Jarvis confirmed that the plan has again been tabled to Moore, who still holds a 95 percent shareholding in Oldham Athletic.

"We are expecting a phone call from Mr Moore as soon as possible so we can take instruction on what to do next," said Jarvis.

"We've put forward a proposal to Chris Moore, which was originally superseded by the Norwegian bid that collapsed.

"That survival plan has now been resurrected and is back on the table. We now have to see if Chris Moore wants us to proceed.

"Unless an investor comes forward, which is highly unlikely, the survival plan is the last option we have."

On the pitch, meanwhile, manager Iain Dowie looks set to be without the services of defender David Beharall for around six weeks.

Beharall is suffering from tendonitis in his knee and it look as though surgery will be needed to treat the problem.

The defender will likely be out until September and joins New Zealand international striker Chris Killen on the sidelines, as the Kiwi hit-man is down with a fracture in his foot.