Shrewsbury Town nearing takeover agreement with US consortium

Yahoo Sports1 min read • Latest: Jun 19, 2026, 6:59 AM

Last updated Jun 19, 2026

Shrewsbury Town nearing takeover agreement with US consortium
Summary

Shrewsbury Town has advanced in negotiations for a takeover by a US-based consortium, as confirmed by BBC Radio Shropshire. The prospective buyers are undergoing the English Football League's owners and directors test, with agreed terms and submitted documents. Club owner Roland Wycherley has been seeking a buyer since September 2024, after several previous deals collapsed. Shrewsbury finished 19th in League Two last season, having experienced a revival under coach Gavin Cowan, who has signed a new two-year contract.

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Market Watch
  • Shrewsbury Town is in talks with a US consortium.
  • Terms of the takeover have reportedly been agreed.
  • Documents have been submitted for the EFL's owners and directors test.
  • Club owner Roland Wycherley has sought a buyer since September 2024.
  • Gavin Cowan has signed a new two-year contract after a successful season.
Latest Updates
  • 6:59 AMYahoo SportsShrewsbury take step close to takeover deal
What they're saying
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Shrewsbury Town are close to finalising a takeover deal with a US consortium, reports BBC Radio Shropshire.

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