Shrewsbury Town are set for a landmark change of ownership after the English Football League and the new Independent Football Regulator approved a takeover by the consortium behind Scottish part-timers Spartans. The deal, which still requires Scottish FA approval, marks a rare cross-border acquisition and ends a two-year search for a buyer by long-serving chairman Roland Wycherley MBE.

A statement from Spartans confirmed the development. "As announced in the media today a consortium led by Spartans main shareholder Scott Davidson have been given EFL/IFR approval to purchase Shrewsbury Town FC," it read. The proposed new board for the League Two club will be chaired by the US-based Davidson and will include fellow Spartans directors Will Dotson and Craig Graham, as well as former US international and Premier League goalkeeper Brad Friedel.

A long-awaited sale

Wycherley, who bought Shrewsbury in 1996 and announced his intention to sell two years ago, has seen several prospective deals with other parties collapse. The EFL relaxed its restrictions on cross-border ownership last year, paving the way for this unique arrangement. All individuals involved have passed the EFL and IFR's owners' and directors' test, with final approval for Graham and Dotson's roles expected from the regulator next week.

The takeover arrives at a key moment for Shrewsbury on the pitch. The club currently sits 18th in League Two with six points from six matches, having scored just four goals while conceding ten. Their recent form is mixed, with two wins and three losses in their last five outings, a sequence that includes a morale-boosting 2-0 home victory over Northampton Town last weekend.

Connecting two clubs

The deal creates an informal link between the two clubs, which will share knowledge and experience. An existing connection is already in place, with young Irish striker Ricardo Dinanga currently on loan at Spartans from Shrewsbury. Both clubs also operate thriving charity foundations. Spartans, who play at Ainslie Park, are fourth in Scotland's League Two and host Forfar Athletic this weekend in front of an expected crowd of around 500. Shrewsbury's match against Northampton is anticipated to draw about ten times that number of supporters.

The new board's immediate task will be to provide stability and direction for a club six points adrift of early leaders Barnet. With the final regulatory hurdle expected to be cleared shortly, the focus at the Croud Meadow will shift to planning for the future under its new American-led leadership. The club's current squad details and player statistics are available on our squad and stats pages.

This story first appeared at scotsman.com