Shrewsbury Town have moved a step closer to being sold to an American consortium with the prospective buyers understood to be undergoing the English Football League's owners and directors test.
BBC Radio Shropshire reports that terms of a takeover have been agreed, with documents submitted this week to the EFL and the new Independent Football Regulator.
The League Two club announced in April they were negotiating with a US-based group over a possible deal, with several other parties also interested.
Long-serving Salop 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.
BBC Radio Shropshire reports that terms of a takeover have been agreed, with documents submitted this week to the EFL and the new Independent Football Regulator.
The League Two club announced in April they were negotiating with a US-based group over a possible deal, with several other parties also interested.
Long-serving Salop 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.
4 months ago
