Oxford MailBusinessman Methven launches Oxford United takeover (From Oxford Mail)

Get involved: send your photos, videos, news & views by texting OXFORD NEWS to 80360 or email us

Report this comment
  • "The way fk is cosying up to oxvox should be a warning, he's not in the habit of being chummy- unless it means his wealth grows because of it. The key to all these take over talks lies with the stadium and the land surrounding it, occ, oufc and other parties see the potential here to amass profits and build much needed housing, oufc should be wary of thisand the fact they hold an ace card by their leasing of the stasdium."
  • 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

Oxford Mail: 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

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:

4.40pm UPDATE: Queues beginning on A34 this evening due to Kennington roundabout work

Oxford Mail: A34 traffic alert

4:40pm Monday 28th July 2014

TRAFFIC is starting to build up back on to the A34 because of the new contraflow on the Southern Bypass because of the Kennington roundabout work.

COMMONWEALTH GAMES: French rues just missing out on gold medal

Oxford Mail:

9:20am Monday 28th July 2014

Matt French admitted he had been unlucky to secure only a silver medal at Glasgow 2014.

Watch: Didcot's tumbling towers - A dawn chorus of excitement as Didcot's skyline changes forever + video

Oxford Mail:

9:00am Monday 28th July 2014

FIFTY years of history – gone in 15 seconds. Despite Didcot’s sadness at seeing its cooling towers sink to the ground, there was applause and cheering when the moment arrived.

Hundreds join protest against Gaza war

Oxford Mail:

8:00am Monday 28th July 2014

OPPONENTS of Israel’s bombardment of the Gaza strip took to the streets of Oxford in support of victims of the conflict.

William, 4, is lining up for charity sports fest

Oxford Mail:

8:00am Monday 28th July 2014

A FOUR-year-old will take on a triathlon to raise money for the hospital ward that saved his life.

Update: Man in Blackbird Leys 'hit by car after argument with woman'

Oxford Mail: Thames Valley Police logo

7:49am Monday 28th July 2014

A SILVER car mounted the pavement and hit a man in Blackbird Leys after he had been arguing with a woman, police have said. 

Comic Dom Joly is to remember a fallen ‘Dragon’

Oxford Mail:

6:40am Monday 28th July 2014

Comic Dom Joly to remember fallen Oxford Dragon School pupil

Schools told 'stop hoarding or we will claw back cash'

Oxford Mail:

5:59pm Monday 28th July 2014

SCHOOLS have been warned they should stop hoarding the £18m they have in reserves and “spend on today’s children”.

‘Gutted: My businesses has been wrecked by arsonists’

Oxford Mail:

6:30am Monday 28th July 2014

A TYRE business owner said he was “gutted” after his workshop was destroyed in a suspected arson attack.

Two charged after stand-off between far-right group and ant-fascists

Oxford Mail:

6:30am Monday 28th July 2014

FOUR people were arrested after protests in Oxford on Saturday.

Music festival is a real family affair

Oxford Mail:

6:00am Monday 28th July 2014

THOUSANDS of people gathered on a meadow in the Oxfordshire Cotswolds to dance in the sun at the county’s biggest free music festival.

‘Patients run risk of being denied hip replacements’

Oxford Mail:

6:00am Monday 28th July 2014

RESIDENTS risk being denied a hip replacement because Oxfordshire NHS bosses are ignoring national guidance and taking patients’ weight into account, leading surgeons have warned.

Special service to honour Pioneers before final town parade

Oxford Mail:

12:36pm Sunday 27th July 2014

HUNDREDS of people gathered for a service in Bicester this morning to bid farewell to a regiment that has been part of the town for 70 years.

Update: 'National Front' protest and counter-protest spark disturbance at Gloucester Green bus station

Oxford Mail:

1:32pm Saturday 26th July 2014

THREE people have been arrested after protesters clashed at Gloucester Green bus station.

Local Businesses

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