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Published 21:00 11 Oct 2017 BST
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If the club appoints Scholes, it will be his first job as a manager. The former England midfielder was previously a reserve-team coach at United, and worked as a first-team coach when Ryan Giggs was interim manager at the end of the 2013/14 season.
He retired from playing for a second and final time in 2o13, after making over 700 appearances for United, winning 11 Premier League titles, three FA Cups and the Champions League twice along the way.
Scholes is a part-owner of non-league side Salford City, along with former United teammates Giggs, Nicky Butt, Gary Neville and Phil Neville, and he has worked as a pundit in recent seasons.
The 42-year-old may have decided that it's time to spend his Saturday afternoons in the dugout, rather than alongside Michael Owen and Robbie Savage on punditry duty.
Oldham appear to be keen on appointing a former world class midfielder as their new manager. Last month, they held talks with Clarence Seedorf about the position, but it seems as though the former AC Milan and Real Madrid midfielder is no-longer in contention for the role.
Richie Wellens has been caretaker manager since Sheridan was sacked, and has helped Oldham to three wins in a row.
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