Shrewsbury in takeover talks with US consortium

Shrewsbury Town are in talks with an American consortium over a potential takeover of the League Two club.

BBC Radio Shropshire reports that Salop are negotiating with a US-based group and that other interested parties are also believed to be lining up potential bids.

Long-serving owner Roland Wycherley has been looking for a buyer since September 2024 and has had a number of prospective deals fall through over the past 12 months.

After negotiations with another potential American buyer ended in March 2025, a second bid from a different party six months later also collapsed.

In November, Town chief executive Liam Dooley said the club had been talking to several parties but none had put up any money so no "periods of exclusivity" were agreed.

He added that he believed interest in buying the club was still "very real".

Despite a difficult season on the field, Shrewsbury secured their League Two status on Saturday with three games to spare with a 1-0 win against Oldham.

'Rumours giving way to progress' - analysis

BBC Radio Shropshire sports editor Nick Southall

It's just over a year since takeover talks with an American businessman collapsed after the expiry of the exclusivity period, through no fault of Shrewsbury Town.

Since then there have been constant rumours of interested parties but this new American consortium appears to be making more progress.

I understand they're 'locked in' talks with Shrewsbury and discussions have gone well in the past couple of months.

Other potential buyers continue to have an interest.

Fans disappointed with last year's takeover collapse will rightly receive this development with caution, but there is hope that these talks will lead to a deal.