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  • "Nice to know we're a new project. If it goes t**ts up he can go back to being a banker. Hope it doesn't but this whole thing stinks. I'll fully support the playing team though."
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New Oxford United chairman tells fans: My door is open

New Oxford United chairman tells fans: My door is open

Darryl Eales (left), Mark Ashton and Ian Lenagan walk out of the Kassam Stadium tunnel after yesterday’s press conference

Darryl Eales (left), Mark Ashton and Ian Lenagan walk out of the Kassam Stadium tunnel after yesterday’s press conference

First published in Headlines Oxford Mail: Photograph of the Author by , Chief Sports Reporter covering Oxford United. Follow us on twitter: @oxfordmailoufc. Call me on 01865 425458

NEW Oxford United chairman Darryl Eales has a simple solution for any supporters sceptical of his intentions – just ask him.

The prospect of a private equity expert from Birmingham suddenly becoming interested in the club raised suspicion in some quarters.

But after acquiring a significant stake in the club, described as between 30 and 50 per cent, he was keen to make assurances and spoke frankly about what motivated the move.

Eales said he wants to be part of United’s long-term plan, which means putting money in, rather than taking it out.

“You read some blogs talking about ‘is he going to take money out of the club?’,” he said.

“I’m thinking ‘if I wanted to make sensible investments you wouldn’t choose football’.

“I would say to supporters, ‘come and speak to me’.

“If you want to know my views on something, come and ask me because I’m new to all this, but I think people who have worked for me will say what you see is what you get.

“I don’t have agendas, politics I really dislike and I’m completely open.”

He added: “I don’t regard football as a business, but it’s got to make sense economically.

“I’m not looking to make money out of this, but I’m not looking to lose money either.

“If we started earning a profit as a business – and clearly it’s loss-making at the moment – I’m very happy for 100 per cent of that to be reinvested in the club.

“You can be the judge of this, but I don’t think I’ve got a big ego, so I’m not doing this for a big ego trip.

“I’m doing this to test myself in a different arena – in the sport I love.”

Top of the 53-year-old’s ‘to do’ list is make funds available to help Michael Appleton, who has replaced Gary Waddock as head coach, strengthen the squad.

Discussions have already taken place with incoming chief executive Mark Ashton, but it will not be a spending spree.

He said: “I’ve said to Mark, within sensible bounds, tell me what you need from a playing perspective and I’ll flex it.

“That’s not millions – I might say ‘you’ve got an extra £250,000 to spend’.”

Patient progress is the aim of the game for the new chairman, who briefly considered getting involved with Birmingham City 18 months ago before deciding against investing in the club he supports.

Eales is confident United have what it takes to move up the football pyramid, but stopped short of setting a deadline.

He said: “Realistically, to me this should be a sustainable Championship club.

“That’s what we’ve talked about, but what I think is foolhardy is to say we’re going to do that within three or five years.

“That’s just your inspiration, and all our efforts will be on trying to achieve that.”

Watch: Highlights West Brom v Oxford United, Capital One Cup

Oxford Mail:

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

It's heartbreak for Oxford United, but Appleton so proud of team + VIDEO

Oxford Mail:

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.

Who was Oxford United's man of the match at West Brom?

Oxford Mail: oxford united logo 1200pix

1:42am Wednesday 27th August 2014

West Brom 1 (Mullins og 29) Oxford Utd 1 (Hylton 86) (West Brom win 7-6 on pens) + VIDEO

Oxford Mail: oxford united logo 1200pix

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.

Oxford United new signing Will Hoskins is buzzing

Oxford Mail:

9:30am Tuesday 26th August 2014

WILL Hoskins is champing at the bit to get started at Oxford United and the striker is hopeful he can make his debut at West Bromwich Albion tonight (8).

Oxford United boss hoping for cup scalp

Oxford Mail:

8:50am Tuesday 26th August 2014

OXFORD United will have no intention of putting men behind the ball and stifling West Bromwich Albion tonight, according to head coach Michael Appleton.

Oxford United's women no match for Doncaster

Oxford Mail: oxford united logo 1200pix

7:00am Tuesday 26th August 2014

OXFORD United Women were humbled 5-1 by high-flying Doncaster Rovers Belles in their FA Women’s Super League 2 clash at Abingdon United, writes MATTHEW BRUCE.

Oxford United sign Will Hoskins to boost striking options

Oxford Mail: Will Hoskins

10:00am Monday 25th August 2014

OXFORD United’s bid to sharpen their attack has been boosted by the capture of experienced striker Will Hoskins.

Oxford United boss: We want points, not praise

Oxford Mail:

9:30am Monday 25th August 2014

MICHAEL Appleton is getting irritated with praise from opposition managers after Oxford United failed to convert another decent display, writes DAVID PRITCHARD.

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