Wilder quits Oxford

  • Last Updated: January 26 2014, 22:40 GMT

Oxford boss Chris Wilder has left the club and is expected to take over at their struggling Sky Bet League Two rivals Northampton.

Chris Wilder: Leaving Oxford and set to join Northampton
Chris Wilder: Leaving Oxford and set to join Northampton

Wilder has been linked with such a move in recent days but his agent denied he had left the club on Saturday.

However, things moved on again on Sunday night with Oxford revealing they had accepted Wilder's resignation and Northampton saying they had been given permission to speak to the 46-year-old about their managerial vacancy.

Both clubs said compensation terms had been agreed.

Mickey Lewis has been appointed as Oxford's caretaker-manager and will be in charge for Tuesday's trip to Exeter.

U's chairman Ian Lenagan said: "First and foremost we thank Chris for five years of service at Oxford United. He has worked very hard and helped move the club from the Conference to becoming an established League Two side.

"We are grateful for his efforts on behalf of Oxford but disappointed that he chose not to continue to the end of this season's journey.

"Today the formalities were completed to allow him to move on. The other club involved have acted professionally throughout the process and the two clubs have agreed a compensation deal that is satisfactory to Oxford United.

"We now move into a new era for Oxford United. The club has already started a thorough, professional search and interview process for the next permanent Manager."

Wilder leaves Oxford with the club sitting in sixth place in the table, just four points off the top.

He heads to Northampton who are rock bottom of the division and firmly embroiled in a relegation fight.

They sacked Aidy Boothroyd last month but chairman David Cardoza has said the new boss will be given "significant money" to bolster the squad.

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