Oldham Athletic owner Abdallah Lemsagam confirms deal to sell club and Boundary Park

Oldham Athletic owner Abdallah Lemsagam has agreed to sell the financially-stricken club after coming to an agreement with the landlords of Boundary Park.

Lemsagam is deeply unpopular at Oldham having overseen two relegations in his four year reign, including this year's plummet to non-league for the first time in the club's history. A series of off-field problems, controversies and fan protests have marred his time at the club, and the Moroccan said in January that he would look to sell Latics and find a new buyer.

However, a long-running dispute with the Boundary Park landlords over who owns the stadium and its newest stand, the Joe Royle Stand, appeared to delay any sale — until the club confirmed in a statement that both parties have come together and found a buyer who could take over in as soon as a month.

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Boundary Park is currently owned by Brass Bank Ltd, a company of former co-owner Simon Blitz. Now, the club said Lemsagam and Blitz have both 'made significant compromises' to enable the sale of the club and stadium to be 'consolidated under one single ownership.'

The statement said: "Both parties have been true to their word with a genuine willingness to sell. Oldham Council have been notified of the process the whole time and have been very supportive in helping bring all parties together.

"Heads of Terms are agreed and funds are in place for the purchase of both Oldham Athletic Football Club and Brass Bank Limited - the owners of Boundary Park Stadium and surrounding land. The buyer is not a consortium but a longstanding successful local business.

"The identity of the business will be