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:
9:00am Tuesday 16th September 2014
Brian Howard is aiming for a dream debut tonight as he attempts to help Oxford United kick-start their season against Accrington Stanley.
8:00am Tuesday 16th September 2014
Michael Collins says Oxford United should put themselves under pressure in a bid to claim their first win of the league season tonight.
1:10pm Monday 15th September 2014
BRIAN Howard has signed a short-term contract with Oxford United after a successful trial.
10:50am Monday 15th September 2014
OXFORD United could have a new face in the squad against Accrington Stanley tomorrow night as they close in on a signing.
9:30am Monday 15th September 2014
MICHAEL Appleton was critical of Oxford United’s senior players as their winless start to the league season stretched to seven games with a 1-1 draw at fellow strugglers Exeter City.