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:
9:30am Thursday 18th December 2014
OXFORD United’s rising stars will get a taste of the big time tonight as they attempt a giant-killing against Manchester City in the FA Youth Cup (7).
6:30pm Wednesday 17th December 2014
JAMES Roberts edged closer to a first-team return for Oxford United after playing in a 2-0 win for the development side at Bournemouth.
9:30am Wednesday 17th December 2014
OXFORD United’s shot at hosting Swansea City in the new year disappeared as they paid the price for failing to kill off Tranmere Rovers in their FA Cup second-round replay.
9:42pm Tuesday 16th December 2014
OXFORD United's FA Cup hopes came to an end as they let a lead slip to lose their second round replay against Tranmere Rovers at a sodden Prenton Park.
8:00am Tuesday 16th December 2014
A lack of strikers will not stop Oxford United going on the attack against Tranmere Rovers in their FA Cup second round replay tonight, says head coach Michael Appleton.