Holloway tied up deals for six new players last week, just days before the Seasiders got their maiden Barclays Premier League campaign under way with a trip to Wigan.

Several of those signings - most notably, two-goal hero Marlon Harewood - then played a key role as the team pulled off a spectacular 4-0 victory at the DW Stadium.

With Israeli defender Dekel Keinan arriving this week as a seventh new recruit, it would appear Holloway is having no trouble strengthening his squad and that the future looks bright.

However, prior to the recent influx, Blackpool spent most of the summer struggling to finalise transfers and Bournemouth today confirmed striker Brett Pitman had failed to agree terms over a move to Bloomfield Road.

It has been a steep learning curve for the Tangerines since their promotion from the Championship in May and on Wednesday Oyston, who had previously spoken of his disillusionment with the business side of top-flight life, resigned as Blackpool chairman.

He will remain as acting chief executive of the club until the end of the season or a new appointment is made, and Holloway indicated he may have to reassess his own position once Oyston has departed.

"I think Karl and I will be working together for at least this season," Holloway said.

"The day he leaves I'll have to consider my future because it is all about our relationship."

In light of the club's troubles over the last few months, the manager said he will relieved when the transfer window finally closes on August 31.

"I'll be really delighted when the window slams shut," Holloway said.

"I haven't enjoyed it at all. It has been very educational but something I wouldn't really want to do again and hopefully we can get the club in really decent shape heading towards the next window in January.

"We don't want to have to do much business in that one because that is the one where people panic."

With regard to the deals he has completed, Holloway was pleased with the contribution of his new charges to the shock result against the Latics.

"Marlon scored two and made the other, Elliot Grandin ran for 90 minutes and didn't give the ball away, and Craig Cathcart slotted in like he'd actually grown up there and been there all his life," Holloway said.

"Then on came the two subs - Chris Basham charged around, got his foot in and looked full of energy and bright and enthusiastic, and Ludovic Sylvestre never gave the ball away.

"The more he gets it the better he'll be. He is the type of player we haven't got because he will sit in front of the back four and break things up and keep the ball for us. They all played their part."

Next up for Blackpool is a journey south on Saturday to Arsenal, where Arsene Wenger's side will provide an entirely different challenge.

Asked if Wenger was somebody he looked up to, Holloway said: "Absolutely, and that's not just because he's a good foot taller than me!

"It's the way he manages his football club, the way he conducts himself, and the way he plays football, which is something that I can only admire and try to aspire to.

"If I can get anywhere near him this weekend it will be a miracle. But I believe in miracles and I'm going to try my best.

"It's about my lads not being overawed at the Emirates, because it is a heck of a place with a fantastic pitch which is bigger than most, so it is going to be tough to get close to them."