Motherwell have received a transfer request from Marvin Johnson but insist they “will not be cajoled or manoeuvred” into selling any player for less than a “fair price”.
The 25-year-old winger, who joined the Steelmen from Kidderminster for an undisclosed fee in February last year, is contracted until 2018.
Oxford have reportedly had several bids turned down, one for £300,000, for the Englishman who has scored four goals this season.
A statement published on the Lanarkshire club’s official website read: “Motherwell FC can today confirm that it has received an official transfer request from Marvin Johnson.
“The club has been in dialogue with Marvin and his representatives over the last few weeks; today’s official request changes nothing.
“Motherwell FC is a club who looks to identify, develop and then trade talent on; it’s a key part of our business model and the vision we sell to players when they come here to play.
“However, we will not be cajoled or manoeuvred to a point where we are forced to sell a player against our will for less than an appropriate value.
“We owe it to our players, management, staff, shareholders and, most importantly, our supporters to ensure we get a fair price.
“We are determined to continue the Motherwell FC tradition of developing players and proudly watch them flourish at the highest level, but that will only happen if we receive what we deem to be a sensible offer, based on all the relevant factors.
“Only then will we sell Marvin, or any other contracted player for that matter.”