The future of Oldham Roughyeds has been secured after a winding-up order against them was withdrawn.
HM Revenue and Customs had due to hold a liquidation hearing over debts of £47,000 in London on 4 November.
But the bill has now been paid and chief executive Chris Hamilton has taken over former chairman Bill Quinn's 75% shareholding.
Hamilton is now the sole shareholder, ending months of doubt over the Championship One club's future.
He is now in talks with former coach Tony Benson with a view to persuading him to return from his home in New Zealand in time for the start of pre-season training.