Former Oldham midfielder David Eyres believes current manager Paul Dickov is doing an excellent job under the financial pressure he faces.
The 47-year-old spent six years with the Latics making 243 appearances.
"Paul Dickov is trying to do a fantastic job, and he is, under the circumstances," Eyres said.
"He still deserves a lot of praise for the position the club is in considering they're probably one of the lowest budgets in that league."
Eyres joined the club in October 2000, after being released by Preston, and went onto play for the Latics until his release when he was 42.
He had a spell as assistant at Boundary Park with John Sheridan as caretaker following Iain Dowie's departure, before captaining the side when Sheridan was given the job on a permanent basis.
Since retiring Eyres has been involved in punditry work as well as working for a player agency, and says when he does return to the club it has noticeably changed from his time there.
"When I go back to the stadium and I see the stand knocked down I just think it's so sparse," he told BBC Radio Manchester.
"The atmosphere is not there anymore. I used to love to turn up on Saturday afternoon to play.
"You got to know most of the fans that supported you, that's how close it was. It's just something very sadly missing at this time."
You can hear more from David Eyres on 'In the Spotlight' on BBC Radio Manchester talking about his life and career on Thursday 1 December at 1800GMT. You can listen again via the iPlayer or download it as a podcast.