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“Disaster waiting to happen” – Fans react as former Watford owner offers to buy Oldham

Former Watford owner offers to buy Oldham Athletic, who are on the verge of administration over unpaid bills to HMRC and overdue rent on Boundary Park.

The interested businessman is reported to be the controversial Laurence Bassini, who you could say doesn’t have a great track record.

The news on Bassini is not all that great news however as he has been bankrupt twice but also was given a three year ban ‘from being involved in a position of authority with any EFL club in 2013.’

He ended up being found guilty of misconduct and dishonesty over financial dealings with Vicarage Road.

Despite these talks, Oldham chairman Abdallah Lemsagam has told Sky Sports News that no deal has yet been agreed and that he also plans to pay outstanding debts to avoid Friday’s deadline.

Lemsagam confirms he has settled the outstanding tax bill with HMRC and paid most of the staff their wages, and plans to pay the £570,000 owed to the former owners as well as any outstanding player wages by Friday.

Lemsagam took control of the club in January 2018 and has faced multiple financial issues, not least the ongoing dispute with the former owners, who still retain possession of the stadium.

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As mentioned, Bassini is keen on getting back into the world of football, since he believed he had bought Bolton Wanderers last summer.

He went to court to try to prove he had formally agreed a deal, but lost a legal challenge and the Trotters ended up being taken over by the Football Ventures consortium instead.

Any Bassini deal for Oldham will be subject to EFL approval, and they confirmed in court last year that at no stage did the 49-year-old pass their ownership test while trying to purchase Bolton.

Oldham are currently 17th in the League Two table, 19 points clear of relegation but 15 short of the play-offs with just nine wins from their 36 games so far this season.

Fans gave their reaction to reports Former Watford owner Laurence Bassini offers to buy Oldham…

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