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
  • "Lenegan!!!!"
  • 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:

COMMONWEALTH GAMES: It's Rivers of gold for Dan

Oxford Mail:

9:00am Wednesday 30th July 2014

Shooter Dan Rivers said it was an amazing feeling to win a Commonwealth Games gold medal at Glasgow 2014.

What is causing a bit of a stink - Nasty whiff hangs over city and county

Oxford Mail:

9:00am Wednesday 30th July 2014

ITS VILE smell has nauseated residents and baffled officials.

Molly’s the face of our city’s fight to find cure for cancer

Oxford Mail:

8:30am Wednesday 30th July 2014

CANCER survivor Molly Crawford is today launching a new campaign to fund more scientific research in the city.

Driver and biker face bans for 100+mph speeds

Oxford Mail:

8:00am Wednesday 30th July 2014

A CAR driver was clocked doing 109mph and a motorcyclist caught doing 108mph on a busy road south of Oxford.

Film aims to make Banbury the town of the living dead

Oxford Mail:

8:00am Wednesday 30th July 2014

A VIRUS raising the dead and triggering a worldwide apocalypse is to be unleashed in Banbury.

Drivers facing queues on the A34 due to roundabout works

Oxford Mail: A34 traffic alert

7:38am Wednesday 30th July 2014

DRIVERS this morning will face queues again on the A34, with traffic starting to stack back south of Kennington.

Youngsters go wild in homage to a classic tale

Oxford Mail:

7:30am Wednesday 30th July 2014

APHRA Hiscock, 15, is going wild at Oxford’s Story Museum this week.

Update: Missing man David Goodwin found

Oxford Mail:

7:24am Wednesday 30th July 2014

MISSING man David Goodwin has been found, police have said this morning.

Blenheim may sell off housing land to fund £40m conservation bill

Oxford Mail:

7:00am Wednesday 30th July 2014

THE owner of Blenheim Palace is considering selling land to cover a £40m maintenance bill.

Child seat saves baby in M40 crash

Oxford Mail:

6:40am Wednesday 30th July 2014

A BABY survived a crash on the M40 yesterday thanks to his car seat being correctly fitted, the fire service has said.

Oxford Tube sorry for deaf passenger's 'humiliation'

Oxford Mail:

6:40am Wednesday 30th July 2014

A BUS company is investigating one of its drivers after a deaf woman claimed she was “humiliated” on a journey to Oxford.

With no running water, £328,000 cottage is a real fixer-upper

Oxford Mail:

6:30am Wednesday 30th July 2014

WITH the housing market booming, it’s not surprising a pretty cottage sparked a fierce bidding war and sold for thousands of pounds over guide price at auction.

UPDATE: Man with tuberculosis goes missing in Oxford

Oxford Mail:

8:24pm Tuesday 29th July 2014

A 49-year-old man with a contagious disease has gone missing.

Death of more than 4,000 fish in Didcot linked to cleaning chemical

Oxford Mail:

3:42pm Tuesday 29th July 2014

THE death of more than 4,000 fish in a Didcot stream has been linked to some kind of cleaning chemical or detergent.

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