Shrewsbury Town announced they had agreed terms on a sale with an American consortium in June. The League Two club received written confirmation from the IFR and the EFL on Monday confirming the group's takeover had been approved. This brings an end to the long-running takeover saga, which began when Salop chairman Roland Wycherley put the club up for sale in 2024. The collapse of subsequent takeovers had led frustrated fans groups to send him an open letter demanding answers. The regulatory processes have been successfully completed and approved, according to a statement from the club. The new owner and principal investors will be announced by the club when they are able to do so. The chairman remains fully committed to finalising the transaction and ensuring a smooth takeover process.