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:
7:12am Friday 6th March 2015
OXFORD United goalkeeper Max Crocombe has received his first call-up to the senior New Zealand squad.
7:00am Friday 6th March 2015
OXFORD United are supporting a charity footgolf day next month and are encouraging supporters to sign up.
9:30am Thursday 5th March 2015
OXFORD United’s squad will remain unchanged for the rest of the season following Armand Gnanduillet’s arrival, according to head coach Michael Appleton.
3:49pm Wednesday 4th March 2015
WATCH the best of the action from Oxford United's 1-1 draw with Morecambe at the Kassam Stadium.
9:30am Wednesday 4th March 2015
A LATE equaliser from George Baldock saw Oxford United come from behind to draw 1-1 with Morecambe, but the full back admitted it still felt like two points dropped.