Shrewsbury Town has taken a significant step towards being sold to an American consortium, with the prospective buyers undergoing the English Football League's owners and directors test. The League Two club announced in April that they were negotiating with a US-based group over a possible deal, with several other parties also interested. 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. Despite more interest in November that year, nothing concrete materialised but now the club seems set to change hands ending Wycherley's 30 years in charge. Shrewsbury recovered from a difficult season on the pitch when they flirted with relegation before a resurgence under new boss Gavin Cowan to finish 19th and 10 points clear of the drop zone. Cowan signed a new two-year contract at the end of the season. The club's been locked in talks with an American consortium for the last few months. The prospective owners are different to the American group who pulled out last year due to external issues. No potential buyer is legally able to have influence at a football club until a takeover is fully completed. BBC Radio Shropshire sports editor Nick Southall believes it's not imminent and Roland Wycherley continues to fund the club and new signings. But progress is being made, and additional documents are being prepared for submission to the owners' and directors' test. The club seems to be moving forward with the takeover deal, and fans are eagerly awaiting the outcome. Shrewsbury Town has a long history in English football, and this takeover deal could mark a new era for the club. With the English Football League's owners and directors test underway, the club is one step closer to a new ownership. The takeover deal is expected to bring new investment and resources to the club, which could help them compete in League Two. Shrewsbury Town's fans are hoping that the new ownership will bring success and stability to the club.