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Shrewsbury Town Takeover Approved by US Group
7 Sep
Summary
- US consortium's purchase of Shrewsbury Town has been approved.
- Formal confirmation received from IFR and EFL on Monday.
- Club statement expresses commitment to finalizing the sale soon.
Shrewsbury Town's lengthy takeover process is finally approaching conclusion. An American consortium has officially been granted approval by both the Independent Football Regulator (IFR) and the English Football League (EFL) on Monday, September 7, 2026. This significant development signals the end of a protracted period of uncertainty for the League Two club.
The club has stated that the new owner and principal investors will be formally announced when circumstances permit. A statement released indicated that with regulatory approvals secured, the focus now shifts to finalizing all remaining documentation to complete the takeover process swiftly. The chairman remains dedicated to ensuring a seamless transition.
This development follows a period where frustrated fan groups had penned an open letter to Chairman Roland Wycherley, who had put the club up for sale in 2024. The club acknowledged the letter and plans to provide a considered response shortly. Supporters are thanked for their continued patience throughout this saga.
