Icy Gull
Back on the rollercoaster
- Jul 5, 2003
- 72,015
Anyone know if this is a final deadline? Sounds grim for them if time is running out.
Oldham director Sean Jarvis has warned time is fast running out for potential investors to help bail out the club.
The Latics went into administration last week and at a meeting on Wednesday football chiefs insisted the club must find £1.2m by 8 September before being cleared to fulfil this season's fixtures.
"We are hopeful that we will be able to show we have the funds in place," said Jarvis.
"We are working towards that.
"At the moment we're trying to build funds through the Business Advisory Group and Supporters' Trust, but we would welcome large investors to come forward.
"We would urge the people of Oldham to turn up in force on Saturday and demonstrate to potential investors that they are supporting the club."
Jon Newell, a partner of administrators PKF, added: "The position for the club remains critical.
"The Football League were supportive of our efforts but that is all they can do.
"It is now up to investors to come forward immediately."
Have your say on the 606 Division Two page
Oldham director Sean Jarvis has warned time is fast running out for potential investors to help bail out the club.
The Latics went into administration last week and at a meeting on Wednesday football chiefs insisted the club must find £1.2m by 8 September before being cleared to fulfil this season's fixtures.
"We are hopeful that we will be able to show we have the funds in place," said Jarvis.
"We are working towards that.
"At the moment we're trying to build funds through the Business Advisory Group and Supporters' Trust, but we would welcome large investors to come forward.
"We would urge the people of Oldham to turn up in force on Saturday and demonstrate to potential investors that they are supporting the club."
Jon Newell, a partner of administrators PKF, added: "The position for the club remains critical.
"The Football League were supportive of our efforts but that is all they can do.
"It is now up to investors to come forward immediately."
Have your say on the 606 Division Two page