Re: New(er) Consortium
Posted: Fri Jul 04, 2014 8:51 am
To be fair, I don't think the Facebook page was set up by Charlie.
Charlie Methven has been in touch with OxVox today and as promised we are keeping you updated on contact from any party. Before I start i should say that OxVox is not backing any party at this point we want to hear from all parties including Ian Lenagan.
Charlie outlines the following plans his consortium has:
• Funds in place to purchase the Kassam Stadium subject to Firoz Kassam being willing to sell
• Funds in place and the desire to try and make Water Eaton a reality
• Any stadium would be an asset of the club’s or held in a trust for the club
• Invest up to £3million into the club to make it competitive and targeting promotion over the next two years
• There would be no debt placed on the football club any investment would be equity based and any loses would be the consortium’s debt not the club’s
• They would like to have a supporter representative on the board
Charlie outlined that his group has the backing of the Donald family, who as many know are one of the wealthiest families in Oxfordshire. It’s key to stress this is the Donald family not just Stewart Donald who owns Eastleigh. They have submitted a formal bid for the club and are waiting to hear back from Ian Lenagan.
We have approached Mark Ashton and also Ian Lenagan for an update as you all know. Should we receive any further info we will relay this. Once again I stress we are not in a position to support any party as we don’t know all the facts and that is precisely why we keep urging all parties and the club to get in contact with us or release information in the public domain.
Spoken like a proper Oxford fan!Isaac wrote:Got this from the other side
(snip)
Seems far too good to be true to me, first question has to be "what's in it for the Donald Family?" and "why now?" I'd much rather they were up front with this as otherwise it looks like pr guff to get the supporters onside.
Given that Debbie Dance and Co at the Oxford Preservation Trust made a fuss about building at Minchery Farm I predict that there will be something from them as well very soon. And then it starts getting really heavy with the nearby residents who are not into footy making their objections known.theox wrote:CPRE are not pleased with the idea of a new stadium.
http://www.cpreoxon.org.uk/news/item/23 ... ater-eaton
Completely agree with this. It was surprising to see OCC come out so strongly in support of a new ground at Water Eaton (and Cherwell, whose patch its on, did not rule it out either). But as you say these things take years if not decades. How will the club be funded in the meantime? IL running it reasonably prudently has lost millions - do the Donalds et al have bottomless pockets? Who are the 'et al' even?Snake wrote:What concerns me the most is that this is a very grand and complex plan and it will take a while to come to fruition. It’s like the crisis in 1998 all over again and that took years to resolve. In the meantime there are simply too many interested parties with a finger in Oxford United’s pie to expect an instant result. Does anyone think that Ian is going to dig into his pocket again for new players this summer while this rumbles on?
It has been done.theox wrote:Stewart Donald has tweeted out that he believes the Ashton deal has been finalised.
Indeed, but not (I guess) in the way most of us expected. Not sure what to make of the initial news, but cannot help feeling the consortium made up of United supporters has been hard done-by.GodalmingYellow wrote:It has been done.theox wrote:Stewart Donald has tweeted out that he believes the Ashton deal has been finalised.
Yeah, it remains to be seen what this means in terms of the short-, medium-, and long-term future.Dr Bob wrote:Indeed, but not (I guess) in the way most of us expected. Not sure what to make of the initial news, but cannot help feeling the consortium made up of United supporters has been hard done-by.GodalmingYellow wrote:It has been done.theox wrote:Stewart Donald has tweeted out that he believes the Ashton deal has been finalised.
Well, quite! And now the 'leader of Oxford United fans' is on the other side acting as spokesperson for that nice man Gary 'Seven Eighths' Waddock!Snake wrote: Above all to a large degree it shows how out of touch OxVox have been in the communication channels with Rent Boy. Let’s hope they get on better with the Rent Boys. Over on the other side OxVox are running a competition to win a free membership. I’d guess second prize is two free memberships.