Ollie backing Oyston's approach

August 12, 2010

Holloway is reported to have agreed a new contract with the Seasiders, just days after rumours spread that he was about to quit Bloomfield Road due to his frustration with the club's strict wage structure. Since then the 47-year-old has ridiculed speculation he might resign, while Blackpool have announced the signing of five new players - with Bolton's Chris Basham expected to soon be confirmed as a sixth. With their squad strengthened for the first time this summer and the relationship between their manager and chairman apparently harmonious, suddenly things are looking more positive for the Tangerines ahead of their maiden Premier League campaign, which gets under way on Saturday with a trip to Wigan. Referring to Oyston, Holloway said: "The fact that he is so steadfast in his views makes me feel solid, the fact that he is loyal to his managers makes me feel solid and the fact that he has run this club better, I believe, than any other chairman on this planet has made it difficult, because financially we are not at this level - even though we have got a big shiny pot of cash that we will get by the end of four years' time." Despite having a tight budget and seeing several potential deals fall through over the last few months, Holloway has now sealed the signings of Craig Cathcart from Manchester United, Ludovic Sylvestre from Czech side Mlada Boleslav, Elliot Grandin from CSKA Sofia, Malaury Martin from Monaco and Marlon Harewood, who was released this summer by Aston Villa. He was unable to offer any of them the sort of wage they might earn at other Premier League clubs and Holloway has stressed the club will continue to show financial discipline. "We run our club professionally and correctly," Holloway said. "We are asking people to come to us and take a drop (in wages) and if we get relegated, it will go down again. "That's not an easy situation, so I have to take the right people to do that, because we are going to keep running it that way." Following their surprise promotion via the Championship play-offs last term, Blackpool have been almost universally tipped for a swift return to the second tier. Holloway acknowledges that the gulf between the Seasiders and many of their opponents over the coming campaign is vast, but the Bristolian has vowed his side will fear nobody. "I don't blame anyone for what they are getting, but when you take (Manchester City summer signing) Yaya Toure and he'll be on more than my whole club in one week, it just sums it up," Holloway said. "But we're at that level, we are going to have to play against those people and we are going to try our best to beat them. "Everybody has written us off and I don't think that's a hard place to be. It's an easy place to be because I can stay calm and encourage these boys."