The Rothwell family, which owns Oldham Athletic, has reached an agreement to secure the ownership of the National League football club’s home stadium, Boundary Park.
The deal also includes the stadium’s car park, the Little Wembley training grounds and surrounding land. The club is aiming to complete the purchase shortly before Christmas.
Oldham, which was relegated from League Two last season, said the agreement represents a “huge step forward” to consolidate the club and stadium under one ownership to ensure stability for the future.
Frank Rothwell, a local businessman, completed his takeover of Oldham last month, ending Abdallah Lemsagam’s turbulent spell as owner of the club. At the time, Oldham said the club was at an advanced stage to buy Boundary Park from former owner Simon Blitz, and an agreement has now been reached.
In a statement, the club’s current owners thanked Blitz for his efforts to simplify the deal for the stadium acquisition.
Oldham’s statement added: “We appreciate all the team we have had behind us to pull the complex agreements over three parties in three different time zones in such a relatively short time. We are so proud to be able to pull this together which could not have happened without the amazing team we have. Thank you to all the support from everyone behind the scenes.”
Oldham is the first club that has played in the Premier League to be relegated from English football’s top four divisions. The club is currently 15th after six games of the 2022-23 National League season.