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:
3:40pm Wednesday 27th August 2014
ULTIMATELY it was a heartbreaker for Oxford United, but here are match highlights from the U's Capital One Cup clash against Premier League West Bromwich Albion last night
9:30am Wednesday 27th August 2014
MICHAEL Appleton was hugely proud by the way Oxford United stood up to West Bromwich Albion as a dramatic night saw the underdogs knocked out after a penalty shoot-out.
1:42am Wednesday 27th August 2014
10:56pm Tuesday 26th August 2014
OXFORD United put in a magnificent effort as they took West Bromwich Albion all the way to a penalty shoot-out at the Hawthorns.