Lenagan pledges not to cut playing budget

Oxford Mail: Oxford United chairman Ian Lenagan (right) addresses the fans with directors Adrian Lenagan (left) and Simon Lenagan in the background Oxford United chairman Ian Lenagan (right) addresses the fans with directors Adrian Lenagan (left) and Simon Lenagan in the background

Ian Lenagan has pledged not to cut Oxford United’s playing budget next season despite forecasting further losses over the next 12 months.

Finances were one of a host of topics covered at a forum attended by about 200 supporters at the Kassam Stadium last night.

Last week the Oxford Mail revealed the U’s were expecting to make a £450,000 loss for this year.

But Lenagan told the forum the projections had been revised to £660,000, while the losses for the year ending last June could be as high as £750,000.

The United chairman, who put an extra £125,000 into the club on Monday, is optimistic of brighter economic times ahead, but they will stay in the red for the moment.

Although the figures look bleak, Lenagan made it clear it would not mean cuts to the playing budget.

He said: “I think in terms of next year we’re probably looking at a worst-case scenario of a £300-400,000 loss.

“We will give you a commitment that next year we will spend on the first-team squad at the same pro rata level as we are now.

“We will fund the 22 players that are needed, plus the development and youth squads in order to give Oxford United a good chance next season.”

The United chief gave a 40-minute presentation on a wide variety of aspects, along with his sons, Simon and Adrian, who are directors, before taking questions for an hour.

Overall he is optimistic, but discussed areas he had sought to improve in the last few months, including the level of medical checks on transfer targets, which he believes have not been stringent enough in the past.

Among the points raised by the audience was a question on manager Chris Wilder’s future if the U’s missed out on the play-offs this season.

Lenagan made a top-seven finish the target last summer, but a change will not be automatic if it is not achieved.

He said: “At the moment it’s a clear position that we need to be in at least the play-offs and preferably to win them.

“It’s less likely, but I can envisage circumstances where I make a judgement that Chris Wilder has done a great job in the next three months.

“I won’t say yes or no, I will reserve judgement and when it’s time I will stand here and tell you why.”

Lenagan was pleased with the response of the supporters, commenting he was not expecting to enjoy the evening quite as much.

Mark Sennett, chairman of supporter group OxVox, felt it was a constructive meeting.

He said: “I think it was a very productive evening, no question was off limits, so it was a real credit to fans and the club for asking difficult questions and getting good answers.”

Comments (10)

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10:49am Fri 8 Feb 13

Beau champ mummy says...

This man is a fraud cannot move forward till he is out
This man is a fraud cannot move forward till he is out Beau champ mummy
  • Score: -4

12:08pm Fri 8 Feb 13

AylesburyOx says...

I think IL talking about a playing budget is irrelevant until there's a change in management and coaching - people with a fresh approach to football.
There are better Managers and Coaches than CW and ML who could get us promoted on half the budget, as it's about getting the best out of what we have; something which the current bunch of jokers fail in.
Also, what's the point in talking about youth development if all our good young players get dropped or shipped out and replaced by journeymen?
I think IL talking about a playing budget is irrelevant until there's a change in management and coaching - people with a fresh approach to football. There are better Managers and Coaches than CW and ML who could get us promoted on half the budget, as it's about getting the best out of what we have; something which the current bunch of jokers fail in. Also, what's the point in talking about youth development if all our good young players get dropped or shipped out and replaced by journeymen? AylesburyOx
  • Score: 4

12:35pm Fri 8 Feb 13

onthebench says...

Beau champ mummy wrote:
This man is a fraud cannot move forward till he is out
Are you nuts? We are losing money and the guy is propping us up with the long-term in mind. What do you want or expect? Time to get a reality check I think!
[quote][p][bold]Beau champ mummy[/bold] wrote: This man is a fraud cannot move forward till he is out[/p][/quote]Are you nuts? We are losing money and the guy is propping us up with the long-term in mind. What do you want or expect? Time to get a reality check I think! onthebench
  • Score: -1

2:04pm Fri 8 Feb 13

35 year fan says...

onthebench wrote:
Beau champ mummy wrote: This man is a fraud cannot move forward till he is out
Are you nuts? We are losing money and the guy is propping us up with the long-term in mind. What do you want or expect? Time to get a reality check I think!
beauchamp mummy is one of the numerous scumdon saddos spending their lives on here between visits to their care in the community caseworkers.
[quote][p][bold]onthebench[/bold] wrote: [quote][p][bold]Beau champ mummy[/bold] wrote: This man is a fraud cannot move forward till he is out[/p][/quote]Are you nuts? We are losing money and the guy is propping us up with the long-term in mind. What do you want or expect? Time to get a reality check I think![/p][/quote]beauchamp mummy is one of the numerous scumdon saddos spending their lives on here between visits to their care in the community caseworkers. 35 year fan
  • Score: 0

4:19pm Fri 8 Feb 13

Brenda Jackson says...

Beau champ mummy wrote:
This man is a fraud cannot move forward till he is out
You're so sad and boring at the same time.

I think you have enough problems pending with your own club to keep popping up on here with your very silly jibes.

When the day dawns (Won't be long with any luck) and all the spend spend spend days come back to haunt you ;O)
[quote][p][bold]Beau champ mummy[/bold] wrote: This man is a fraud cannot move forward till he is out[/p][/quote]You're so sad and boring at the same time. I think you have enough problems pending with your own club to keep popping up on here with your very silly jibes. When the day dawns (Won't be long with any luck) and all the spend spend spend days come back to haunt you ;O) Brenda Jackson
  • Score: 0

7:18pm Fri 8 Feb 13

hawkeye1 says...

Was the question brought up at the meeting why CW does not give the young players a go, instead of just shipping them out on loan ,or just dropping them after putting on a good showing.
Was the question brought up at the meeting why CW does not give the young players a go, instead of just shipping them out on loan ,or just dropping them after putting on a good showing. hawkeye1
  • Score: 0

7:35pm Fri 8 Feb 13

In_The_Nikon_Time says...

Beau champ mummy wrote:
This man is a fraud cannot move forward till he is out
Apologies, Quote should read BeauChUmps Mummy wrote:
[quote][p][bold]Beau champ mummy[/bold] wrote: This man is a fraud cannot move forward till he is out[/p][/quote]Apologies, Quote should read BeauChUmps Mummy wrote: In_The_Nikon_Time
  • Score: 1

10:52am Sat 9 Feb 13

adlibber says...

Seems Wilder is under no illusions about his objective - promotion or gone and as harsh as it seems I think it's a fair ultimatum. 4 years in the job stuck in the lowest league isn't good enough.
Seems Wilder is under no illusions about his objective - promotion or gone and as harsh as it seems I think it's a fair ultimatum. 4 years in the job stuck in the lowest league isn't good enough. adlibber
  • Score: -1

10:11pm Sat 9 Feb 13

RocketMan says...

I would like to see us in the play offs, But while we have the potential, we don't seem to get out of second gear, do we? If we cannot punish the opposition when we have the chance, then they will do it to us for us. Then of course there is the referee to change things!

Injuries have and do still play their part. I thought this sports science programme was going to improve things, although not a complete solution to inevitable injuries?

The other thing is under Wilder we used to lose one game then win the next, now the pattern is a long series of losses after a period of wins. Don't understand why? Where has the consistency gone?

If things don't shape up soon, it will be too late and I reckon we will see a mass clear out in the Summer including Wilder.

But whether this will be what we need, I am less certain? What is certain is that we have to have the players, the mentality and capability of when going forward it will be an end product resulting in an attempt or threat on goal. This lot are shot shy and don't provide the amunition!

We should give credit to Lenagan, it's a tough ask, to maintain loses, although you have to wonder, given this background if it will constrain our abilty to secure the better quality players we definately need.
I would like to see us in the play offs, But while we have the potential, we don't seem to get out of second gear, do we? If we cannot punish the opposition when we have the chance, then they will do it to us for us. Then of course there is the referee to change things! Injuries have and do still play their part. I thought this sports science programme was going to improve things, although not a complete solution to inevitable injuries? The other thing is under Wilder we used to lose one game then win the next, now the pattern is a long series of losses after a period of wins. Don't understand why? Where has the consistency gone? If things don't shape up soon, it will be too late and I reckon we will see a mass clear out in the Summer including Wilder. But whether this will be what we need, I am less certain? What is certain is that we have to have the players, the mentality and capability of when going forward it will be an end product resulting in an attempt or threat on goal. This lot are shot shy and don't provide the amunition! We should give credit to Lenagan, it's a tough ask, to maintain loses, although you have to wonder, given this background if it will constrain our abilty to secure the better quality players we definately need. RocketMan
  • Score: 0

10:12pm Sat 9 Feb 13

RocketMan says...

I would like to see us in the play offs, But while we have the potential, we don't seem to get out of second gear, do we? If we cannot punish the opposition when we have the chance, then they will do it to us for us. Then of course there is the referee to change things!

Injuries have and do still play their part. I thought this sports science programme was going to improve things, although not a complete solution to inevitable injuries?

The other thing is under Wilder we used to lose one game then win the next, now the pattern is a long series of losses after a period of wins. Don't understand why? Where has the consistency gone?

If things don't shape up soon, it will be too late and I reckon we will see a mass clear out in the Summer including Wilder.

But whether this will be what we need, I am less certain? What is certain is that we have to have the players, the mentality and capability of when going forward it will be an end product resulting in an attempt or threat on goal. This lot are shot shy and don't provide the amunition!

We should give credit to Lenagan, it's a tough ask, to maintain loses, although you have to wonder, given this background if it will constrain our abilty to secure the better quality players we definately need.
I would like to see us in the play offs, But while we have the potential, we don't seem to get out of second gear, do we? If we cannot punish the opposition when we have the chance, then they will do it to us for us. Then of course there is the referee to change things! Injuries have and do still play their part. I thought this sports science programme was going to improve things, although not a complete solution to inevitable injuries? The other thing is under Wilder we used to lose one game then win the next, now the pattern is a long series of losses after a period of wins. Don't understand why? Where has the consistency gone? If things don't shape up soon, it will be too late and I reckon we will see a mass clear out in the Summer including Wilder. But whether this will be what we need, I am less certain? What is certain is that we have to have the players, the mentality and capability of when going forward it will be an end product resulting in an attempt or threat on goal. This lot are shot shy and don't provide the amunition! We should give credit to Lenagan, it's a tough ask, to maintain loses, although you have to wonder, given this background if it will constrain our abilty to secure the better quality players we definately need. RocketMan
  • Score: 0

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