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Monday, September 07, 2026

Shrewsbury Takeover Can Go Ahead

The takeover of Shrewsbury Town by an American group has been given the go ahead.

But it remains unclear whether or when any deal will go ahead.

Shrewsbury chairman Roland Wycherley has had the club for sale for several years.

Football expert Keiran Maguire has given the BBC Radio Shropshire his thoughts on the deal.

"Well, this means that the new prospective owners now have the authority from both the EFL and the independent regulator to buy the shares from Roland Wycherley 

"And that’s a private transaction, so that means no money coming into the club itself.

“Once they’ve bought the shares from Wycherley, they’re able to then set the budget for the rest of this year. That’s going to be in terms of wages, that’s going to be in terms of transfers, that’s going to be in terms of infrastructure spend and trying to increase the revenue for the club. We wait to see what their approach will be.

"The history of American owners is mixed. If you take a look at what happened at Crawley Town, they came in, it didn’t really work out there. At Carlisle United, they came in, they put money into the club, they weren’t that familiar with football and it’s cost them an awful lot of money.

"On the other side of the scale, we’ve seen the success clearly at Wrexham, we’ve seen the success of other US owners in terms of being able to accelerate the club.

“So, it’s not a time to be overexcited or underexcited. It’s cautious optimism and that’s what I’d encourage.

“Change can be exciting. I know Shrewsbury hasn’t been through a great time recently, so it is something potentially to look forward to. 

"Roland Wycherley clearly feels that he’s done his time now and a fresh pair of hands, perhaps with fresh ideas could be beneficial to all.

“There’s no reason why it should take a long period of time,” he added.

“It’s a bit like buying a house when you get a survey done. Once the survey and mortgage has been approved, it’s then down to the solicitors on both sides of the deal - both the buyer and the seller - to negotiate the final price, make sure the money is received on the appropriate date, and then you hand over the shares.

“As part of the deal, the new owners will end up with a share in the English Football League itself which gives them votes, rights, and then they will be able to pick up the license from the IFR. The licensing system is only a shadow system at present, so I don’t see that being a delay.

“There’s no reason why it can’t be weeks, provided all of the due diligence has been done by the buyers.”