Blackpool manager Ian Holloway believes chairman Karl Oyston deserves credit for running a tight ship at Bloomfield Road.

Oyston has overseen the club's promotion from League One two years ago and this season will be their third successive campaign in the Championship. Holloway was recently appointed as the Seasiders' new boss and will be forced to work to financial constraints.

"I have a budget to work with and I was told that before I took the job," he said. "Thank god the chairman is careful otherwise we could be in the trouble a lot of other clubs are in. Thankfully we are not, which is a credit to him."