Speculation over the future of Oxford United's ownership is set to become clearer after the club called a press conference for 2pm today.
It is more than a week since news broke over the possibility of a takeover, with two consortiums known to be in the running.
So far U's owner and chairman Ian Lenagan has not commented on the situation, but it is understood he will be present this afternoon.
Latest United news:
11:57am Monday 1st September 2014
MICHAEL Appleton says Oxford United are in advanced talks with their top target, but there are no guarantees a deal will be finalised before the deadline closes tonight.
11:24am Monday 1st September 2014
Oxford United got off the mark in Sky Bet League Two with a 3-3 draw at home to Dagenham & Redbridge on Saturday.
9:30am Monday 1st September 2014
MICHAEL Appleton admitted he had never seen a game so wide open as Oxford United got off the mark with a topsy-turvy 3-3 draw at home to Dagenham & Redbridge.
8:10am Monday 1st September 2014
DANNY Hylton says the warm welcome he has received at Oxford United has been key to his flying start to the season.