We were asked by Push the Boundary in May to add our support to their petition and latest letter to the owner demanding he sell the Club. We unanimously agreed as a board that we would not support this position, preferring to continue to work with the Club.
We understand supporters’ frustrations as keenly as anyone, we are supporters ourselves. Recent league positions are a significant under performance for a club with our pedigree. The fiasco that is the North Stand has gone on far too long and needs to be resolved quickly one way or another. However, we believe to attempt to effectively drive Mr Lemsagam out of town (when he is the man keeping the Club afloat) with
no plan B and no funding is not a credible position.
OASF longer term view (advocated by the FSA) is that we should continue to work with the Club and, we must continue to follow our Strategy published in April. http://www.trustoldham.org/objectives-and-aims-for-2020/
We successfully launched the 1895 Lottery in May. This is the Foundations first attempt to start to build funds into the 1895 Contingency Fund. This will be ring-fenced for majority shareholding, of Club, Stadium or both. It could be argued the Foundation should have had a Contingency Fund in place a while ago, but we are where we are. More Contingency Fund initiatives are planned for later this year.
OASF’s shorter or immediate position is that we should continue to pursue our “Manifesto for Club Improvement” recently endorsed by our Membership at the beginning of May.
Both these initiatives were presented to the Club’s Board at the recent Board meeting on 4th June by Foundation Director and Club Rep Paul Hughes. In this regard the appointment of a proven Manager on a longer contract has been achieved. Keith Curle now needs the Club’s Directors and staff ‘s 100% support in allowing him to shape his squad to be competitive on the pitch and put the Club generally in a better place.
The next major issue for OASF is to continue to press as best we can for the club to resolve the difficulties with the North Stand.
We have been asked if the PTB letter and petition was discussed in the latest Club Board meeting. The answer is, yes and no, it was brought up but there was no substantive discussion. The letter was only very recently received and rightly addressed to Mr Lemsagam personally as the major (97%) Shareholder. As such it is his responsibility to determine his response.
The Club issued for the first time a “Board Report” that was published on the Club’s website. It is envisaged that this will become a regular feature. We have been asked if Paul Hughes was aware of and agreed the contents of this report and Paul confirmed his agreement that it was an accurate report.