Paul Scholes has been named manager of League Two club Oldham Athletic.
The former Manchester United and England midfielder, 44, has taken his first managerial role, signing a one-and-a-half-year contract with the club he supported as a boy.
There were concerns that his 10% stake in Salford City, the National League club he co-owns, would prevent him from taking charge of the Latics.
But he was cleared to do so on Friday at an English Football League meeting.
Salford could be promoted to League Two this season and EFL rules prevent a person holding roles with two clubs at the same time without prior consent – although a holding of 10% or less in a club is disregarded providing it is held “purely for investment purposes”.
Scholes, who succeeds Frankie Bunn, takes over with Oldham 14th in League Two, nine points off the play-offs and 14 points above the relegation zone.
Academy manager Pete Wild has been at the helm since they sacked Bunn on 27 December following a 6-0 defeat against Carlisle United.
Wild led the Latics to a 3-0 win at Crawley Town on Saturday, ending a three-match losing sequence.
United legend Scholes said in October 2017 he had been interviewed for the manager’s job at Boundary Park before Richie Wellens was appointed, and spoke of his desire to “get back into football in some capacity” after news of his talks with Oldham were reported in January.
More to follow.