Councillor Amanda Chadderton, Leader of Oldham Council, said: “We are delighted to hear the news of a new ownership for Oldham Athletic Football Club
“This is really good news for the club, its supporters, and the whole borough after the despair and heartache of recent years.
“We’re looking forward to working with the new owner and understanding more about their plans to take the club forward.
“No one has to tell them they have a big job on their hands, but I’m sure they can’t wait to get started as, like us at the council, they want the best for the residents and fans.
“The club have our full support and we wish them well for the coming season.
“We all want to see Latics back in the football league - it’ll give the whole town a boost.”