EFL Club gets update at £ 130 million stadium after warning that they can cease to exist

Oxford United has released an update about their search for a new stadium.

Earlier this month, the Us warned that they could cease to exist as plans for one proposed arena of 16,000 seats are not approved.

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Oxford hopes to build a new site on land that is known as the Triangle, near Kidlington on the outskirts of the city.

The club is currently playing at the Kassam Stadium, with them Lease set to end in 2026.

Last month Oxford confirmed They had negotiated an extension of two years with Fikora Group, The stadium owners.

But they are still waiting for confirmation that they can start the construction of the triangle of the Cherwell district council.

Oxford announced on Tuesday that the council was now in the “last phases” of their report in the proposal.

In a statement, the club wrote: “Oxford United can confirm that the planning department of the Cherwell District Council has been completed in the last phases of completing their report for the new stadium proposals.

“After the latest assessment, the club continues to collaborate with the council team with the aim of getting a positive recommendation for the development plans.

“The planning application from Oxford United is heard by the Cherwell District Council Planning Committee on July 31.”

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Jonathon Clarke, the development director of Oxford, added: “With the recent assessment that shows that our answers are almost complete, we can all concentrate on obtaining a positive recommendation for our plans.

“We have made it very clear that complying with the date of the July planning committee is crucial if the club has to maintain the required timeline to secure our future.”

A decision about the proposals was expected earlier this year, but has been Delays.

Oxford CEO Tim Williams has one Stark warning for the future of the championship club Earlier this month.

Williams told Sky Sports: “When our lease is up at the Kassam Stadium, we have no home and a stadium to play in.

“If we don’t have a stadium, there is a risk that we don’t have a football club.

“It doesn’t get more serious than that.

“We have recently seen the headlines about a new Manchester United Stadium, which is with all due respect and not a need.

“If Manchester United does not move, they still have Old Trafford.

“If Everton had not moved to Bramley Moor-Dock, they still have Goodison.

“If we don’t go to a new stadium, we are homeless and we don’t exist and in my opinion it is an absolute travesty.”

The U’s estimate their £ 130 million stadium plans Will create around 1,000 new jobs and add £ 32 million a year to the local economy.

For the first time unveiled in 2023, the stadium will include a hotel with 180 beds, restaurant, conference center, communitypleina and would be the first fully electric land of the UK.