Yesterday saw Oxfordshire County Council cabinet approve the leasehold sale of land south of Kidlington, known as the Triangle, to the club, subject to planning permission and covenants.
It is a decision that has been welcomed by all at the club as well as fans, and Chief Executive Tim Williams has echoed those thoughts with his reaction.
“I’m delighted that we have been able to agree the land deal” he told www.oufc.co.uk
“This has been an extremely detailed process involving numerous stakeholders. We have rightly had to demonstrate that this project will deliver value not just to the club but to the entire community as well.
“We need to be very clear though - it is great to be where we are, but there is a long way to go as we now move to the planning application phase.
“The vision for our stadium is for it to be a landmark building and popular community asset for year-round use. The club look forward to working with the people of Kidlington and wider Oxfordshire community to continue to shape the project during the formal planning application phase.
“I’d like to place on record my thanks to the council’s members and officers for all their hard work in getting to this point. I’d also like to recognise our fans and everyone in the county who has supported the project in the consultation process and, last but not least, past and present members of the club staff and our consultants and advisers who have worked with skill and dedication to get to this point.”