Report this comment
  • "When he first took over FK promised he would take us on a journey and he's still taking for a ride now!"
  • 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 Headlines 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:

Judge: South Oxfordshire arsons may remain mystery + dramatic CCTV video from inside council

Oxford Mail:

8:30am Saturday 30th May 2015

A JUDGE has said we will never find out why an arsonist started a series of “devastating” fires in South Oxfordshire, as he sectioned him under the Mental Health Act.

Three people injured in M40 crash between Thame and Watlington

Oxford Mail: Lorry jackknifes on M40 causing traffic tailbacks

5:39pm Saturday 30th May 2015

THE M40 is blocked northbound between junction 6 for Watlington and junction 7 for Thame after a crash.

More than 250 Didcot power station protesters have now set up camp

Oxford Mail:

2:43pm Saturday 30th May 2015

More than 250 environmental activists are now camped near Didcot Power Station.

Fans keen to join Oxford United on their pre-season trip to Austria

Oxford Mail:

9:30am Saturday 30th May 2015

Oxford United’s pre-season preparations have been boosted by the confirmation of a training camp and a match in Austria.

Fundraiser attempts to break space hopping world record

Oxford Mail:

9:00am Saturday 30th May 2015

A CHARITY fundraiser hopes she will finally be hopping over the finishing line in a world record-breaking attempt.

Didcot murders: Community creates a trail of ribbon tributes to its three murder victims

Oxford Mail:

9:00am Saturday 30th May 2015

DOZENS of floral tributes have now been left outside the Didcot home where a family were murdered.

Businessman faces jail over revenge arson on best man

Oxford Mail:

8:30am Saturday 30th May 2015

A BUSINESSMAN who started a fire that forced people to jump from windows has been told he will receive a long prison sentence for his “appalling” crime.

Oxfordshire named most innovative county in new report

Oxford Mail:

8:00am Saturday 30th May 2015

OXFORDSHIRE has been named as the most innovative part of the UK, beating old rivals Cambridge into second place.

Flooded out pensioners given only £25 a week in expenses

Oxford Mail:

7:00am Saturday 30th May 2015

TWO pensioners flooded out of their home in Normandy Crescent have been given just £25 a week by Thames Water to cover their expenses.

County police and fire service could share sites to help save cash

Oxford Mail:

6:30am Saturday 30th May 2015

POLICE and fire service staff could share office buildings under new plans put forward for “blue light” services in the county.

Didcot power tower demolition confirmed for 2016 as protesters arrive

Oxford Mail:

6:30am Saturday 30th May 2015

PROTESTERS started to descend on Didcot yesterday ahead of a demonstration against government plans to build 30 new gas-fired power stations.

‘Affordable NHS housing will help to ease staff shortages’ says chief nurse

Oxford Mail:

6:00am Saturday 30th May 2015

AFFORDABLE housing for workers at one of the county’s hospital trusts is one of its biggest issues as it battles staff shortages, a chief nurse has warned.

Aerial troupe perform ‘striking’ display at Oxford Castle Quarter

Oxford Mail:

6:00am Saturday 30th May 2015

THE historic buildings of Oxford Castle Quarter were lit up for a breathtaking display by French aerial dancers – and that was just the rehearsal.

Rising cost of delayed tower blocks revamp will top £20m

Oxford Mail:

8:30am Friday 29th May 2015

A MULTI-million pound project to refurbish Oxford’s five tower blocks could be delayed by almost a year.

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