Construction
On 7 June 1995, directors of Oxford United Football Club announced that the cramped and outdated Manor Ground would be replaced by a new 16,000-seat stadium, situated in the Blackbird Leys area of the city, by the end of the decade.
The building of the Kassam Stadium commenced in the summer of 1996 by Taylor Woodrow, but construction ceased in December 1997 after financial problems meant the contractors weren't paid. The stadium was originally known by its location, Minchery Farm. At this time, United's chairman was Robin Herd, and the club's chief executive was Keith Cox.
Ongoing money problems meant that no further work was done on the site until February 2000. This followed Firoz Kassam's purchase of the club in April 1999, and then many legal problems involving Oxford City Council, Nick Pentith, Thames Water, Morrells of Oxford, and local landowner Les Wells. By this time, the contractors had changed to Birse Construction, with Taylor Woodrow having had their debt settled by a Company Voluntary Arrangement, by which Firoz Kassam reduced most of the football club's unsecured debt by 90 per cent.
Oxford's fortunes on the pitch changed dramatically during this period of financial uncertainty, hardly helped by having to sell some of their best players in order to stay afloat. After winning promotion to Division One in 1996, they secured two mid-table finishes before being relegated back to Division Two in 1999 and falling into Division Three two years later – meaning that they would be a bottom division club in the 2001–02 season for the first time in more than 30 years.
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