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:
1:00pm Friday 27th February 2015
NO further contract talks are expected at Oxford United until the club’s Football League status is secured.
12:00pm Friday 27th February 2015
Oxford United travel to Portsmouth today - catch up on all our preview stories and video of the first league meeting between the sides
11:00am Friday 27th February 2015
GARY Waddock says he feels no bitterness towards Oxford United as he prepares to face the club for the first time since being sacked last summer.
9:20am Friday 27th February 2015
MICHAEL Appleton says there is no better place for Oxford United to win this season than Fratton Park – and it has nothing to do with his links to Portsmouth.
9:00am Friday 27th February 2015
THERE have been plenty of changes at Oxford United since they visited Fratton Park last season, but few players have undergone a more dramatic change of status in the 18-month gap than Callum O’Dowda.