OLDHAM have loaned out three players for the remainder of this season as chairman Bill Quinn works to cut costs, saying the Championship club have been spending “hundreds of thousands of pounds more” than they should have.

Prop Jack Ormondroyd (pictured) has stepped up to Super League with Bradford Bulls while secondrows Emmanuel Waine and Sam Littler have switched to second-tier rivals Keighley Cougars.

Earlier this month, winger Matty Russell joined top-flight Catalans Dragons for an undisclosed fee.

Quinn says scaling down squad expenditure is crucial to the club’s financial viability. He says he wants to set up an Academy to bring through local players and has urged supporters to stick with Alan Kilshaw’s team.

Oldham missed out in the application process for a place in the expanded Super League, and Quinn said via the club’s social-media channels: “We were supposed to have a year of consolidation.

“Instead what we’ve done is signed players at huge amounts of money but what I wasn’t aware of is some of these, you finish in the top ten you get a bonus, you get so much an appearance, all these other things added on which I wasn’t aware of.

“The bottom line is that the club have been put into a position financially which has been very, very difficult to deal with.

“We now have a huge situation on our hands where there’s a value that we’ve got that we should have paid for the players and we’ve paid hundreds of thousands of pounds more.

“So I’m looking at things, I’m trying to make it stack up, because that’s what the RFL have required me to do and it’s called good business. So you may see a top-end-earning player going on loan.”

Oldham are currently playing out of the town at Stalybridge Celtic’s smaller Bower Fold stadium due to a dispute with another football club, Oldham Athletic, over the use of Boundary Park, where the Roughyeds had been playing since 2024.

And Quinn continued: “If we want Super League, we can still have it at Bower Fold because we’ve only got to make some changes. Some of them we’d have to make at Boundary Park.

“Now when we’re at Bower Fold, we’re saving a lot of money on the Boundary Park situation. Will we end up back at Boundary Park? Who knows, that’s in the hands of the lawyers. I want everything to come out, because I’ve got nothing to hide.”