in the early 2000s, oldham athletic almost went bankrupt. businessman chris moore decided to purchase the club, promising to return to the premier league within five years. however, later that season, he left the club, which also left behind much debt and a weak team. however, another businessman purchased the club in 2004, saving them from liquidation. in the 2006–07, under current manager john sheridan, oldham almost were promoted to the football championship, but lost in the semi-final of the play-offs.