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Shrewsbury Town Near Sale to US Group

Summary

  • US consortium in advanced talks for Shrewsbury Town.
  • Buyers undergoing EFL's owners and directors test.
  • Roland Wycherley to end 30-year ownership tenure.
Shrewsbury Town Near Sale to US Group

Shrewsbury Town Football Club is moving closer to a change in ownership, with an American consortium understood to be nearing a deal. Reports indicate that the prospective buyers are currently undergoing the English Football League's stringent owners and directors test. Documents detailing the proposed takeover have reportedly been submitted this week to both the EFL and the new Independent Football Regulator.

This development follows an announcement in April that the League Two club was in negotiations with a US-based group. Long-serving owner Roland Wycherley has been seeking a buyer since September 2024, having experienced several previous prospective deals collapse over the past year. Despite past interest and negotiations, this latest bid appears to be the most concrete, potentially concluding Wycherley's three-decade tenure.

The club recently concluded a season where they flirted with relegation but ultimately secured their position in the league, finishing 19th and ten points clear of the drop zone under manager Gavin Cowan, who recently signed a new two-year contract.

Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.

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