Class of 92 member Paul Scholes ,44, could be forced to end his ownership of Salford City if he is to become manager of League Two side Oldham Athletic.
Due to EFL guidelines, Paul Scholes could not be directly involved in two EFL clubs at the same time.
Scholes, along with former Manchester united stars; Gary Neville, Phil Neville, Ryan Giggs and Nicky Butt, purchased Salford City in 2014.
Since the class of 92 stars bought the club, Salford have rose through the divisions in England to the point where they are now in touching distance of the Football League.
They have also overseen the move to the brand new Peninsula Stadium, as well as high profile on the pitch signings of stars like for Birmingham City striker Adam Rooney.
Scholes could now be forced to leave his role with the club if he is to take the much rumored managerial position at Oldham Athletic.
The former Manchester United midfielder has made no attempt to hide his love for the League Two club. Growing up in nearby Middleton, Scholes was often seen watching his boyhood club at Boundary park from the stands.
Scholes nephew Ryan is also a member of Oldham Athletic’s youth team, managed by current caretaker manager Pete Wild.
He has also been known to take training sessions with the clubs youth team, offering help and advice to the club’s players.
Scholes jumped to be the bookies favorite to replace Frankie Bunn as Oldham Athletic manager this weekend, having been linked with the position in the past.
If he was to take the position though it would mean that he would have to seriously consider his future with Salford City, in order to not break the EFL rules on dual interest.
If Salford City were to be promoted to the EFL next season, Scholes would be in violation of ‘SECTION 10 – ASSOCIATION AND DUAL INTERESTS’.
“Except with the prior written consent of the Board a person, or any associate of that person, who is interested in a Club cannot at the same time be interested in any other football club.”
It is unlikely that the England international would be given clearance by the EFL considering that the two clubs would be in the same division (so long as Oldham Athletic remain in league Two, and Salford City get promotion).
Paul Scholes and Oldham Athletic have yet to comment on the speculation but a decision is expected by the end of this month. It will then await to be seen if he will chose to sell his share of Salford City or whether he will wait to see which league the Ammies will be in next season.
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