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League One Side Oldham Athletic CEO Says New Investment Could Be Just Weeks Away

League One side Oldham Athletic CEO Mark Moisley said that the club "could be just weeks away from sealing new investment," according to the BBC. Football agent Abdallah Lemsagam is "understood to be purchasing part" of the club and "has been at a number of Latics games this season." Moisley said, "We're at a point where we're hopeful things will develop and when they do, we will advise people." The club said in a statement that Owner Simon Corney is speaking to the English Football League about a "possible sale of the club" but stressed the deal will not take place if the league does not agree to it. Corney, who is Oldham's majority shareholder after "saving the club" in '04 with Simon Blitz and Danny Gazal, has previously held talks to bring investment into the club. Moisley added, "Simon has spoken to a lot of interested parties over the course of the last couple of years. With the one at the moment that he's speaking with, we hope that can go further" (BBC, 9/4).

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