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  • "I think some realism is needed here. "Wealthy Oxfordshire Family" means what exactly? One of the wealthiest Oxfordshire families are the Lenagans! Remember this, Mr Lenagan has loaned @8 Mio.£ to the club INTEREST FREE. Anyone taking over has to take on that debt. How might they do this? One way is getting a loan to pay for it. Who will pay the interest on the loan? The Club of course! That means not only will we be paying Kassam 0.5 Mio.£ for use of the Stadium, we will be paying a further 0.5 to 1.0 Mio.£ in interest charges. The result of this is obvious. A smaller playing squad than we already have. All the many people clamouring for a new owner need to go on a basic Business or FInance course and understand that you are asking for something far worse than we have currently. Unless of course someone with more money than sense wants to use us as their latest plaything. Beware what you ask for - you might just get it!"
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OxVox: consortium led by Charlie Methven keen to invest in Oxford United

OxVox: consortium led by Charlie Methven keen to invest in Oxford United

OxVox: consortium led by Charlie Methven keen to invest in Oxford United

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

OxVox have revealed that a group of Oxfordshire businessman have come forward and expressed interest in investing in Oxford United.

The club’s supporters’ trust say they have had contact from Charlie Methven, who is part of the group which also contains ‘a wealthy Oxfordshire family’.

Methven has significant ties to the club, as trustee of their youth and community sports trust, while he has also been working in an advisory role for the U's board and last year played a key role in setting up supporters' group the Yellow Army.

The talks are described as "very recent and very preliminary", concerning their desire to invest in the U's how OxVox would be involved in the future.

It is understood there are two competing groups of investors, with Mark Ashton, a former chief executive of Watford and Wycombe Wanderers, linked to the other consortium.

The club have not made a comment on the uncertainty, with OxVox chairman Mark Sennett telling the Oxford Mail it was time for U's chairman Ian Lenagan to clarify the situation.

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