Holloway tied up deals for six new players just days before the Seasiders got their maiden Barclays Premier League campaign under way with a spectacular 4-0 win at Wigan.
Several of those signings – most notably two-goal hero Marlon Harewood – then played key roles at the DW Stadium.
Israeli defender Dekel Keinan also arrived this week, but prior to the recent influx, Blackpool spent most of the summer struggling to finalise transfers and Bournemouth yesterday confirmed striker Brett Pitman had failed to agree terms over a move to Bloomfield Road.
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 said: "I think Karl and I will be working together for at least this season.
"The day he leaves I'll have to consider my future because it is all about our relationship."
He added: "I'll be really delighted when the (transfer) window slams shut.
"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."