OLDHAM are facing administration after former director Simon Blitz called in a debt of £500,000.
The move comes after HMRC tabled a winding – up order over £70,000 in unpaid tax which it is understood will be heard by the High Court on March 18.
Oldham are facing administration as Simon Blitz (centre) calls in a £500k debtCredit: MEN Media
But Blitz, who owns the freehold for Boundary Park, has applied for a separate court motion scheduled for March 6th to bring in administrators..
And as storm clouds continue to gather over the 124 year old club it is understood manager Dino Maaria’s players have been told their wages will be at least a week late.
Sun Sport revealed last month that Blitz was prepared to lock the gates on the club’s stadium over unpaid rent of £170,000 and £330,000 of other money owed to him by the club.
Owner Abdallah Lemsagam oversaw a report sent to Greater Manchester Police claiming that there was a £5.2m hole in the Latics’ accounts when he bought the club from former owner Simon Corney for £1m in January 2018.
The report centred on the finances of the construction of new North Stand alleging a grant from Oldham Council of £1.7m had gone missing as part of that £5.2m black hole.
Bltiz, who along with another former director Danny Gazal owns finance company Brass Bank, has not been approached by GMP over the report – nor has ex-owner Corney.
Latics supporters have campaigned for months over Lemsagam’s running of the League Two club – worried it could follow neighbours Bury who were kicked out of the EFL at the start of the season after going bust under owner Steve Dale.
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Source: Soccer - thesun.co.uk
