In theory, the Oxford finances are there. The previous financial issues were linked to Kevin Boothby, who is no longer part of the club. The club itself is run to a profit, and was extremely profitable in the first couple of seasons. Things started to go wrong with Boothby draining them, and the club running in three leagues. It was a big ask for fans to turn up and pay for entry to each meeting (there were 30 home meetings across the three leagues in 2025). Fans started choosing one league (plus the NDL) and that turned out to be the Cheetahs, and not the Spires. Spires crowds quickly started to become noticeably lower.
I'm sure Oxford could afford to run in the Premiership, but they would do that at the expense of the Championship. No way it will be all three leagues again.
However, the big IF is around the deal that's been done the stadium leaseholders to continue to operate, I'm not privvy to that. There's no doubt the return of some other sport to the stadium would ease the burden.