Collapse cost Oxford United up to £150,000, says Lenagan

Bicester Advertiser: United chairman Ian Lenagan United chairman Ian Lenagan

Missing out on the Sky Bet League Two play-offs has cost Oxford United up to £150,000, according to chairman Ian Lenagan.

The semi-finals continued last night with York City losing 1-0 at home to Fleetwood Town in their first leg, but despite spending eight months of the season in the top seven, a terrible finish saw the U’s miss out to finish eighth.

A successful play-off campaign will be worth a six-figure sum for the winners at Wembley on May 26.

United have lost more than £1m in each of the last two years.

But while Lenagan, speaking last month before the side’s fate was sealed, admitted it would have been a useful injection, the failure will not have a significant impact on the club’s finances.

He said: “It depends if you win them or not, but financially it would probably be worth somewhere between £50,000-£150,000.

“It’s not as good as the Conference, because you don’t get the same share in the Football League.

“I think in the Conference you get your own home attendance and then 25 per cent of the final game.

“But in the Football League 50 per cent of the contribution from the play-offs goes towards all the clubs in the Football League, and the other 50 per cent goes to the play-off competitors.

“I’m not being blasé about it by any means because it hurts every time I write a cheque, but it’s not significant in as much as, is it make-or-break?”

Comments (20)

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8:25am Tue 13 May 14

BigAlBiker says...

Perhaps if he had made the right decision quicker in January we might have been in the play offs, as it was he mucked around and selected a Waddonk.
Perhaps if he had made the right decision quicker in January we might have been in the play offs, as it was he mucked around and selected a Waddonk. BigAlBiker
  • Score: 0

9:19am Tue 13 May 14

jonny1976 says...

so its more of a money spinner winning the Conference Play Off final..... i can see his plan unfolding
so its more of a money spinner winning the Conference Play Off final..... i can see his plan unfolding jonny1976
  • Score: 15

9:48am Tue 13 May 14

Joe1 says...

A very sad comment by the Chairman. By this statement, he admits it was all badly handled. We just missed the boat again. The club needs much more investment. The question is, by whom? I can't see it comimg from the current owners?
A very sad comment by the Chairman. By this statement, he admits it was all badly handled. We just missed the boat again. The club needs much more investment. The question is, by whom? I can't see it comimg from the current owners? Joe1
  • Score: 12

11:01am Tue 13 May 14

London_Ox says...

That's what complacency and smugness does for you....

Sometimes more money is lost through indecision, than bad decision. In this case, it's a double whammy i.e the timeframe it took to appointment of the manager and the actual appointment itself.
That's what complacency and smugness does for you.... Sometimes more money is lost through indecision, than bad decision. In this case, it's a double whammy i.e the timeframe it took to appointment of the manager and the actual appointment itself. London_Ox
  • Score: 20

12:44pm Tue 13 May 14

yabbadabbadoo256 says...

I can see Administration looming on the horizion...
I can see Administration looming on the horizion... yabbadabbadoo256
  • Score: -5

1:18pm Tue 13 May 14

Doctor69 says...

Thing is, IF Oxford had gone up to League 1, it would have cost IL more money in buying players, paying wages, staffing costs, policing costs, etc. Couple in the fact there is a very good chance we would have been at the wrong end of the table and attendances would have dropped.....we probably would have lost more money than we gained by getting promoted initially.

I don't think IL wanted Oxford promoted personally, hence the delay in naming a new manager, and not strengthening the squad towards the end of the season for the final push.
Thing is, IF Oxford had gone up to League 1, it would have cost IL more money in buying players, paying wages, staffing costs, policing costs, etc. Couple in the fact there is a very good chance we would have been at the wrong end of the table and attendances would have dropped.....we probably would have lost more money than we gained by getting promoted initially. I don't think IL wanted Oxford promoted personally, hence the delay in naming a new manager, and not strengthening the squad towards the end of the season for the final push. Doctor69
  • Score: 14

1:32pm Tue 13 May 14

learned says...

Really down to him.
Delay in replacing Wilder and then not strengthening the team before the transfer window closed.
Not got much confidence that he will provide the finance to help Waddock get in much needed players.
Really down to him. Delay in replacing Wilder and then not strengthening the team before the transfer window closed. Not got much confidence that he will provide the finance to help Waddock get in much needed players. learned
  • Score: 4

1:38pm Tue 13 May 14

hairydean says...

He should have invested in the team in January and got the returns of promotion and a better group off players for his money and there for possibly money back for selling them if were a bargain another bad decision and no hindsight.
He should have invested in the team in January and got the returns of promotion and a better group off players for his money and there for possibly money back for selling them if were a bargain another bad decision and no hindsight. hairydean
  • Score: 4

1:56pm Tue 13 May 14

yabbadabbadoo256 says...

the question you have to ask is could Oxford Utd be one of the first league 2 clubs to close down when the desires to show Rugby evict the club from Kassam?
the question you have to ask is could Oxford Utd be one of the first league 2 clubs to close down when the desires to show Rugby evict the club from Kassam? yabbadabbadoo256
  • Score: -13

2:16pm Tue 13 May 14

Oxokuba says...

Not sure what Lenagan's angle is here? Does he want the sympathy vote leading to rush of season ticket purchases to recoup losses or is he admitting that running a football club is a bit out of his depth? The finger pointing at players and management is entirely justified given our annual collapse but the buck does ultimately stop at the Chairman. I have a dwindling sympathy for him but I also have a gut feeling he'll end up trapped in a business that's costing him money and the club becomes a noose round his neck and a ghost to its fans. Dramatic I know but something has to give.
Not sure what Lenagan's angle is here? Does he want the sympathy vote leading to rush of season ticket purchases to recoup losses or is he admitting that running a football club is a bit out of his depth? The finger pointing at players and management is entirely justified given our annual collapse but the buck does ultimately stop at the Chairman. I have a dwindling sympathy for him but I also have a gut feeling he'll end up trapped in a business that's costing him money and the club becomes a noose round his neck and a ghost to its fans. Dramatic I know but something has to give. Oxokuba
  • Score: 6

4:26pm Tue 13 May 14

Moobs says...

Doctor69 wrote:
Thing is, IF Oxford had gone up to League 1, it would have cost IL more money in buying players, paying wages, staffing costs, policing costs, etc. Couple in the fact there is a very good chance we would have been at the wrong end of the table and attendances would have dropped.....we probably would have lost more money than we gained by getting promoted initially. I don't think IL wanted Oxford promoted personally, hence the delay in naming a new manager, and not strengthening the squad towards the end of the season for the final push.
I wonder if the money lost will be more than he will have to pay to sack Waddock in Oct / Nov time when we're bottom of the league?

Lenegan couldn't run a bath
[quote][p][bold]Doctor69[/bold] wrote: Thing is, IF Oxford had gone up to League 1, it would have cost IL more money in buying players, paying wages, staffing costs, policing costs, etc. Couple in the fact there is a very good chance we would have been at the wrong end of the table and attendances would have dropped.....we probably would have lost more money than we gained by getting promoted initially. I don't think IL wanted Oxford promoted personally, hence the delay in naming a new manager, and not strengthening the squad towards the end of the season for the final push.[/p][/quote]I wonder if the money lost will be more than he will have to pay to sack Waddock in Oct / Nov time when we're bottom of the league? Lenegan couldn't run a bath Moobs
  • Score: 7

6:43pm Tue 13 May 14

shouldn't say anything says...

very stoic - Thank you Mr Lenagan - it's not as if i haven't made loads of mis-takes in my life - hopefully the thinking behind the long term view WILL win out

also thank you for offering Constable a contract & taking up the option on Wright - it shows both sides that you do take into consideration the views of the fans (Wilder's way of playing) & whether they are minority or not and also stand by what you want - Fair Play

now just knock two of the stands down move them closer to the pitch and change the roofs to trap the acoustics - sorted :) !

COYY !!!!!!
very stoic - Thank you Mr Lenagan - it's not as if i haven't made loads of mis-takes in my life - hopefully the thinking behind the long term view WILL win out also thank you for offering Constable a contract & taking up the option on Wright - it shows both sides that you do take into consideration the views of the fans (Wilder's way of playing) & whether they are minority or not and also stand by what you want - Fair Play now just knock two of the stands down move them closer to the pitch and change the roofs to trap the acoustics - sorted :) ! COYY !!!!!! shouldn't say anything
  • Score: 0

6:45pm Tue 13 May 14

Davos P says...

IL must feel like a real Wally the way Wilder called his bluff. Pity we've got him running the club. Would love to see him sell to a buyer who was real passionate about football and had a good feel for it . Under Lenegan my view is that the club has gone backwards.
IL must feel like a real Wally the way Wilder called his bluff. Pity we've got him running the club. Would love to see him sell to a buyer who was real passionate about football and had a good feel for it . Under Lenegan my view is that the club has gone backwards. Davos P
  • Score: 6

8:45pm Tue 13 May 14

shouldn't say anything says...

it wasn't about the 8 weeks

Oxford tho top of the table in play offs are appalling to watch

if Wilder had remained he would have had to park the bus to get anything from the matches

and i f he had remained still had to play all the best teams who each and every one did us

No very risky but total change long term view was needed

if Lenagan don't know how to run a football club it's cuz he's not surreptitiously, snidely in terms of financial truth and insidiously aiming for and instigating a BOOM or BUST policy which i would say a lot of you would rather, er - as would i
it wasn't about the 8 weeks Oxford tho top of the table in play offs are appalling to watch if Wilder had remained he would have had to park the bus to get anything from the matches and i f he had remained still had to play all the best teams who each and every one did us No very risky but total change long term view was needed if Lenagan don't know how to run a football club it's cuz he's not surreptitiously, snidely in terms of financial truth and insidiously aiming for and instigating a BOOM or BUST policy which i would say a lot of you would rather, er - as would i shouldn't say anything
  • Score: 4

9:56pm Tue 13 May 14

shouldn't say anything says...

^ only joking but the glamourous i don't know what i'm doing Kassam approach was exciting if fatal
^ only joking but the glamourous i don't know what i'm doing Kassam approach was exciting if fatal shouldn't say anything
  • Score: -1

10:05pm Tue 13 May 14

Doctor69 says...

Davos P wrote:
IL must feel like a real Wally the way Wilder called his bluff. Pity we've got him running the club. Would love to see him sell to a buyer who was real passionate about football and had a good feel for it . Under Lenegan my view is that the club has gone backwards.
Unfortunately that isn't going to happen, as a club OUFC have no assets and a debt of £6m to IL. I can't see any successful person seeing us an attractive proposition. It's depressing to think but I just can't see things improving much :(
[quote][p][bold]Davos P[/bold] wrote: IL must feel like a real Wally the way Wilder called his bluff. Pity we've got him running the club. Would love to see him sell to a buyer who was real passionate about football and had a good feel for it . Under Lenegan my view is that the club has gone backwards.[/p][/quote]Unfortunately that isn't going to happen, as a club OUFC have no assets and a debt of £6m to IL. I can't see any successful person seeing us an attractive proposition. It's depressing to think but I just can't see things improving much :( Doctor69
  • Score: 0

12:13am Wed 14 May 14

Davos P says...

Doctor69 wrote:
Davos P wrote:
IL must feel like a real Wally the way Wilder called his bluff. Pity we've got him running the club. Would love to see him sell to a buyer who was real passionate about football and had a good feel for it . Under Lenegan my view is that the club has gone backwards.
Unfortunately that isn't going to happen, as a club OUFC have no assets and a debt of £6m to IL. I can't see any successful person seeing us an attractive proposition. It's depressing to think but I just can't see things improving much :(
You never know. Oxfords in a much better geographical position than many clubs to attract players, coaches and Managers, the site has potential and we have a just big enough potential fan base for the top leagues. I think the right buyer would view us as marketable. Also Oxford is a well known city globally.

Probably hoping for too much but when we look at other clubs in L2 like Southend, Fleetwood, York, Burton etc we are streets ahead in terms of investor potential.
[quote][p][bold]Doctor69[/bold] wrote: [quote][p][bold]Davos P[/bold] wrote: IL must feel like a real Wally the way Wilder called his bluff. Pity we've got him running the club. Would love to see him sell to a buyer who was real passionate about football and had a good feel for it . Under Lenegan my view is that the club has gone backwards.[/p][/quote]Unfortunately that isn't going to happen, as a club OUFC have no assets and a debt of £6m to IL. I can't see any successful person seeing us an attractive proposition. It's depressing to think but I just can't see things improving much :([/p][/quote]You never know. Oxfords in a much better geographical position than many clubs to attract players, coaches and Managers, the site has potential and we have a just big enough potential fan base for the top leagues. I think the right buyer would view us as marketable. Also Oxford is a well known city globally. Probably hoping for too much but when we look at other clubs in L2 like Southend, Fleetwood, York, Burton etc we are streets ahead in terms of investor potential. Davos P
  • Score: 3

12:16am Wed 14 May 14

Davos P says...

Doctor69 wrote:
Davos P wrote:
IL must feel like a real Wally the way Wilder called his bluff. Pity we've got him running the club. Would love to see him sell to a buyer who was real passionate about football and had a good feel for it . Under Lenegan my view is that the club has gone backwards.
Unfortunately that isn't going to happen, as a club OUFC have no assets and a debt of £6m to IL. I can't see any successful person seeing us an attractive proposition. It's depressing to think but I just can't see things improving much :(
You never know. Oxfords in a much better geographical position than many clubs to attract players, coaches and Managers, the site has potential and we have a just big enough potential fan base for the top leagues. I think the right buyer would view us as marketable. Also Oxford is a well known city globally.

Probably hoping for too much but when we look at other clubs in L2 like Southend, Fleetwood, York, Burton etc we are streets ahead in terms of investment potential.
[quote][p][bold]Doctor69[/bold] wrote: [quote][p][bold]Davos P[/bold] wrote: IL must feel like a real Wally the way Wilder called his bluff. Pity we've got him running the club. Would love to see him sell to a buyer who was real passionate about football and had a good feel for it . Under Lenegan my view is that the club has gone backwards.[/p][/quote]Unfortunately that isn't going to happen, as a club OUFC have no assets and a debt of £6m to IL. I can't see any successful person seeing us an attractive proposition. It's depressing to think but I just can't see things improving much :([/p][/quote]You never know. Oxfords in a much better geographical position than many clubs to attract players, coaches and Managers, the site has potential and we have a just big enough potential fan base for the top leagues. I think the right buyer would view us as marketable. Also Oxford is a well known city globally. Probably hoping for too much but when we look at other clubs in L2 like Southend, Fleetwood, York, Burton etc we are streets ahead in terms of investment potential. Davos P
  • Score: 1

4:45pm Wed 14 May 14

yabbadabbadoo256 says...

Davos P wrote:
Doctor69 wrote:
Davos P wrote:
IL must feel like a real Wally the way Wilder called his bluff. Pity we've got him running the club. Would love to see him sell to a buyer who was real passionate about football and had a good feel for it . Under Lenegan my view is that the club has gone backwards.
Unfortunately that isn't going to happen, as a club OUFC have no assets and a debt of £6m to IL. I can't see any successful person seeing us an attractive proposition. It's depressing to think but I just can't see things improving much :(
You never know. Oxfords in a much better geographical position than many clubs to attract players, coaches and Managers, the site has potential and we have a just big enough potential fan base for the top leagues. I think the right buyer would view us as marketable. Also Oxford is a well known city globally.

Probably hoping for too much but when we look at other clubs in L2 like Southend, Fleetwood, York, Burton etc we are streets ahead in terms of investment potential.
your joking right? with Reading down the road, London 40 minutes away?
[quote][p][bold]Davos P[/bold] wrote: [quote][p][bold]Doctor69[/bold] wrote: [quote][p][bold]Davos P[/bold] wrote: IL must feel like a real Wally the way Wilder called his bluff. Pity we've got him running the club. Would love to see him sell to a buyer who was real passionate about football and had a good feel for it . Under Lenegan my view is that the club has gone backwards.[/p][/quote]Unfortunately that isn't going to happen, as a club OUFC have no assets and a debt of £6m to IL. I can't see any successful person seeing us an attractive proposition. It's depressing to think but I just can't see things improving much :([/p][/quote]You never know. Oxfords in a much better geographical position than many clubs to attract players, coaches and Managers, the site has potential and we have a just big enough potential fan base for the top leagues. I think the right buyer would view us as marketable. Also Oxford is a well known city globally. Probably hoping for too much but when we look at other clubs in L2 like Southend, Fleetwood, York, Burton etc we are streets ahead in terms of investment potential.[/p][/quote]your joking right? with Reading down the road, London 40 minutes away? yabbadabbadoo256
  • Score: 0

4:55pm Wed 14 May 14

marathon2012 says...

If London Welsh win on sunday it's premier rugby back at the kastad and Wigan chasing promotion what more could IL ask for his best loved sports.
If London Welsh win on sunday it's premier rugby back at the kastad and Wigan chasing promotion what more could IL ask for his best loved sports. marathon2012
  • Score: 2

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