Report this comment
  • "Sounds like a well intentioned effort from Mr Methven but it sounds like a group of boys wanting to own a car they can't really afford to run. If the other interested party is the guy who spent a brief time at Watford&Wycombe and who doesn't appear to have made any friends at either club then I'd prefer Mr Methvens involvement than another Kassam clown. You can't help but love the tortured journey our club has taken us!!"
  • This field is mandatory
  • This field is mandatory
  • Please note we will not accept reports with HTML tags or URLs in them.


  • Enter the above word in the box below

Businessman Methven launches Oxford United takeover

Charlie Methven is leading a group of businessmen who want to take charge of Oxford United

Charlie Methven is leading a group of businessmen who want to take charge of Oxford United

First published in Sport Oxford Mail: Photograph of the Author by , Sports Editor. Call me on 01865 425451

The leader of a group of Oxfordshire businessmen who have launched a takeover bid for Oxford United, says they have the financial muscle to take the club forward.

Charlie Methven confirmed last night that talks have taken place between his consortium and U’s owner Ian Lenagan.

However, the United supporter doubted they were the frontrunners, with a rival group, led by Mark Ashton, believed to still be in pole position to take control.

Methven, who has been working in an advisory role with the U’s, says his group have spoken to Lenagan and will provide him with an “alternative option”.

“We approached the owner about a month ago and indicated that if the club came up for sale, we would be interested,” Methven said.

“We held conversations that were both friendly and constructive.

“Those conversations have dried up in recent weeks, I am not sure exactly why, but it might indicate that somebody is in a stronger position than us.”

He added: “In previous years when Oxford United have been in difficulties, there has only been one offer on the table.

“I do not believe this is healthy, and so we are keen to provide an alternative option.

“We have raised significant funds, and feel the amount would be sufficient.

“However, we could have more funds as a back-up if needed.

“We have given a firm indication we would be interested, and believe Ian was grateful for that interest.”

The situation has arisen due to speculation the United chairman is unwilling to continue pouring money into a club which has lost more than £1m for two successive years.

The latest available accounts, which cover the 12 months up to the end of June 2013, show Lenagan’s total investment, through his Woodstock Partners Ltd company, was in excess of £6m.

Methven is hoping his group’s affinity with Oxford United could work in their favour.

“I have, and remain, a major supporter of what the Lenagans have done,” Methven said.

“They have put a number of very good things in place at the club, and I was concerned – and still am – that whoever comes in, if they are an unknown quantity, won’t be the best people to complete those things.”

Methven was appointed as a trustee of the Oxford United Youth and Community Sports Trust in May 2011 and last year played a key role in setting up fans’ group the Yellow Army.

His name was revealed in a statement from supporters’ trust OxVox, whose calls for Lenagan to break his silence and put fans in the picture of developments have fallen on deaf ears.

The U’s owner has still to return any calls from the Oxford Mail or reply to any of our requests for an interview.

Our top stories:

Badger cull protest in Oxford to be held this weekend

Oxford Mail: Badger (11754077)

6:40am Thursday 23rd October 2014

A protest against the culling of badgers will go through Oxford on Saturday.

‘Yes’ to plan for 24k more homes in Cherwell District Council area

Oxford Mail: Cherwell district council logo

6:40am Thursday 23rd October 2014

THERE could be 24,445 new homes built across the Cherwell District Council area after councillors voted to approve modifications to the local plan.

Judge criticises CPS after trial postponement

Oxford Mail: Oxford Crown Court

6:30am Thursday 23rd October 2014

A JUDGE has criticised a “catastrophic failure” by the Crown Prosecution Service (CPS) which caused a trial to be put off until next year.

Oxfordshire finds cash to meet cost of free school lunches

Oxford Mail:

6:00am Thursday 23rd October 2014

CASH to balance the books on bringing in free school meals for all primary school pupils has been secured.

High praise for Oxfordshire's fire and rescue service

Oxford Mail:

12:00am Thursday 23rd October 2014

OXFORDSHIRE’S fire service has been praised following an independent peer review.

Three women sentenced for running a brothel in Jericho

Oxford Mail:

9:00am Wednesday 22nd October 2014

THREE women who ran an ‘efficient and professional’ brothel in an upmarket Oxford street were sentenced yesterday.

Oxford city centre bank card skimmer is jailed

Oxford Mail: Oxford Crown Court

8:06pm Wednesday 22nd October 2014

A FRAUDSTER who used a card skimming device at a cash machine to steal money from a woman’s bank account has been jailed.

Britain's 'longest serving' Scout, Reg Hayes, has died aged 99

Oxford Mail: Reg Hayes

1:17pm Wednesday 22nd October 2014

REG Hayes, Britain's longest serving Scout has died.

Woman accused of Abingdon murder expected to stand trial in April

Oxford Mail:

11:04am Wednesday 22nd October 2014

A WOMAN accused of stabbing a man on an Abingdon tow path has appeared in Oxford Crown Court.

Oxford University staff vote to strike

Oxford Mail: Oxford Univesity logo white lettering blue background new logo

9:10am Wednesday 22nd October 2014

Academic staff at Oxford University and Ruskin College have voted for industrial action in a row over changes to pensions.

Frideswide Square redevelopment designs approved

Oxford Mail: oxfordshire county council logo round

9:10am Wednesday 22nd October 2014

Designs for the redevelopment of Frideswide Square in Oxford were approved yesterday.

Series of crashes around county adds to rush-hour queues

Oxford Mail: Thames Valley Police logo

9:10am Wednesday 22nd October 2014

Drivers were delayed by a series of accidents around the county yesterday morning.

Watch: Baffled by nuclear fusion? It's child's play as Lego video explains all

Oxford Mail:

9:00am Wednesday 22nd October 2014

NUCLEAR fusion is never an easy subject to explain to the average citizen.

Blackbird Leys toilets loo-king better now

Oxford Mail: oxford city council logo

8:40am Wednesday 22nd October 2014

Public toilets in Knights Road, Blackbird Leys, will reopen today after being refurbished.

Comments (8)

Please log in to enable comment sorting

Comments are closed on this article.

Send us your news, pictures and videos

Most read stories

Local Info

Enter your postcode, town or place name

About cookies

We want you to enjoy your visit to our website. That's why we use cookies to enhance your experience. By staying on our website you agree to our use of cookies. Find out more about the cookies we use.

I agree