Report this comment
  • "
    oxfordus wrote:
    Is no news newsworthy??? All we have are rumours of a takeover, which no one involved is willing to corroborate.

    Any sensible millionaire would not see OUFC as a realistic proposition would they? Kassam has aleady pillaged and stripped the club of its assets; so all that's left is a club membership in League 2.

    OUFC has debt, no ground and no players worth a transfer fee. It has no assets apart from the goodwill of 5000 fans who, by and large, turn-up week in week out.

    Am I missing something here?
    Maybe you are only missing a simple point, it's close season, there are no matches to report on, because of financial constraints the club (unlike most others in League 2) isn't signing players. Therefore anything that can be linked, however tenuously, to OUFC is being regarded as newsworthy by the OM. Like you I wonder why investors will be interested as there is no assets to the club but maybe they are genuinely interested in OU. If I was ever fortunate to drop a big Euromillions I know I would invest in the club even if it was only to build a stadium with some soul, not a concrete slab that lacks imagination or soul, I would love the architect/designer to explain what he was thinking of when he dreamt up the monstrosity the club currently plays in. No need for panic tho as I cannot do the euro from abroad so unfortunately can only wonder what might happen."
  • This field is mandatory
  • This field is mandatory
  • Please note we will not accept reports with HTML tags or URLs in them.


  • Enter the above word in the box below

It's a waiting game for Oxford United

Oxford United owner Ian Lenagan with Simon at a U's game last season

Oxford United owner Ian Lenagan with Simon at a U's game last season

First published in U's News Oxford Mail: Photograph of the Author by , Sports Editor. Call me on 01865 425451

The parties at the centre of the potential Oxford United takeover were all remaining tight-lipped yesterday and said they had nothing to say . . . yet.

U’s owner and chairman Ian Lenagan again failed to break his silence when contacted, although his son, Simon, did answer our call.

“As soon as there is something that needs to be communicated, it will be,” Simon Lenagan, who is also a board member, said.

A consortium led by Mark Ashton appear to be the favourites to take over the club should it be up for sale, with a team of Oxfordshire businessmen, led by Charlie Methven, also interested.

Although Ashton is the man fronting the bid for his group, the Oxford Mail understands that the person leading the talks is Darryl Eales.

Eales was once reportedly interested in trying to take over Birmingham City, whom he supports, and has strong connections with Ian Lenagan.

The United owner made £19m when selling Workplace Systems in December 2011 to LDC – part of the Lloyds Banking Group.

Eales is listed on the LDC website as an ‘advisory chairman’.

Further investigations show that last month a new company was founded – ENSCO 1070 Ltd – which lists Ashton and Eales as directors, along with Michael O’Leary and Frank Waterhouse.

There is no evidence, however, that this company is involved in the potential takeover of Oxford United.

When the Oxford Mail contacted Ashton yesterday, we were told: “Mark is unable to talk about anything at this moment, which you will hopefully appreciate.”

Oxford United supporters’ trust OxVox have also tried to speak to Ashton about the potential deal.

OxVox chairman Mark Sennett commented: “We have tried to contact Mr Ashton and are hoping for a conversation with him.”

Rumours of a takeover surfaced on Wednesday, with Ashton’s consortium first linked.

Methven’s group, all United supporters, then went public 24 hours later with their interest.

If any deal is struck, it is not clear whether it would involve just the purchase of Oxford United Football Club, or include the stadium, which is owned by former chairman Firoz Kassam.

Talks about the purchase of the stadium have taken place with Kassam in the past, but no deal has ever been struck.

United’s players report back for pre-season training on Monday, with head coach Gary Waddock having made just one addition to the squad this summer, striker Danny Hylton.

Our top stories:

Cyclists warned: Don't be dimwits

Oxford Mail:

9:00am Saturday 25th October 2014

BIKE safety campaigners have warned that cyclists are risking their lives, after an Oxford Mail survey found more than half of them were riding without lights.

Football match in Banbury stopped after bottle was thrown towards the referee

Oxford Mail: Thames Valley Police logo

5:18pm Saturday 25th October 2014

A FOOTBALL match was abandoned this afternoon after a bottle was thrown onto the pitch.

Extra hour tonight! Celebrate with top bands at unique Oxford gig

Oxford Mail:

1:40pm Saturday 25th October 2014

With an extra hour to enjoy - or recover with - tonight is the perfect night to celebrate one of Oxford's biggest nights of music

FOOTBALL: Rose wants to keep Oxford United climbing

Oxford Mail:

9:30am Saturday 25th October 2014

Danny Rose is targeting a move into mid-table today as Oxford United visit Carlisle United in search of a third win in eight days.

Shhh... silent film is a reel hit with movie buffs

Oxford Mail:

9:30am Saturday 25th October 2014

FILM buffs were given a taste of how movies used to be watched as they turned out for a silent screening in Witney.

Update: Oxford University student Isobel Priest is found safe and well

Oxford Mail:

8:49am Saturday 25th October 2014

Police have said the 21-year-old Oxford University student who was reported missing has been found safe and well.

Runaway emu killed after crash with car

Oxford Mail: Thames Valley Police logo

8:40am Saturday 25th October 2014

AN EMU escaped from a garden in Boar’s Hill and died after being hit by a car, Thames Valley Police said yesterday.

Off and running for entry to our OX5 extravaganza

Oxford Mail:

8:30am Saturday 25th October 2014

THE starting gun has been fired for next year’s Oxford Mail OX5 Run as places open for runners in the fundraising extravaganza.

West Way supporters 'bullied into silence'

Oxford Mail: vale of white horse logo

8:30am Saturday 25th October 2014

THE developers behind the proposed £100m Botley regeneration scheme have claimed some of their supporters have been “bullied into silence”.

Fashion Week: First male Face of Oxford a front-runner from start

Oxford Mail:

8:00am Saturday 25th October 2014

IT was a case of right place and right time for this year’s Face of Oxford.

F1 team must be sold before staff can return

Oxford Mail: IN THE RUNNING: Richard Pardon’s photograph of Caterham F1 team engineers in Oxfordshire

7:30am Saturday 25th October 2014

STAFF at Caterham F1 have been told not to return to the team’s West Oxfordshire base until it is sold.

Royals and residents join to mourn a popular Duke

Oxford Mail:

7:00am Saturday 25th October 2014

FAMILY, friends and schoolchildren paid their final respects to the 11th Duke of Marlborough at his funeral in Woodstock yesterday.

Bowl-ed over by green cup to drink tea in style

Oxford Mail:

6:40am Saturday 25th October 2014

IT may be Britain’s favourite beverage, but leave your mugs at home for this new exhibition showing how to drink tea in style.

Flooding victims told they won't be left out of pocket

Oxford Mail: Burst water main closes Lower Hall Lane in Chingford

6:30am Saturday 25th October 2014

FLOOD-HIT residents will not have to pay two sets of council tax after water bosses pledged to foot extra costs.

Comments (8)

Please log in to enable comment sorting

Comments are closed on this article.

Send us your news, pictures and videos

Most read stories

Local Info

Enter your postcode, town or place name

About cookies

We want you to enjoy your visit to our website. That's why we use cookies to enhance your experience. By staying on our website you agree to our use of cookies. Find out more about the cookies we use.

I agree