Friedel-backed consortium completes Shrewsbury Town takeover

Summarised from 3 outlets · 9 reports · Updated 9 Nov, 15:58 · Archive

American consortium Biscayne ST LLC, including former US goalkeeper Brad Friedel, has completed its takeover of Shrewsbury Town, securing 87.4 per cent of the club's shares.

Shrewsbury Town's takeover by Biscayne ST LLC has been completed, ending Roland Wycherley's 30-year tenure as owner and chairman. The American consortium, controlled by Miami-based businessman Scott Davidson, has secured an 87.4 per cent stake in the League Two club.

Wycherley, now 85, first signalled his intention to sell more than five years ago when Shrewsbury were still in League One. His determination to secure what he considered the right deal for the club's future lengthened the process, frustrating supporters. Under his ownership, Shrewsbury suffered three relegations and three promotions, with his most significant legacy being the club's 2007 move from Gay Meadow to a new 10,000 all-seater stadium.

The new ownership group comprises Scott Davidson as chairman, former United States international goalkeeper Brad Friedel as sporting director, Craig Graham (chairman of Scottish League Two club Spartans), and New York financier Will Dotson. Sports entrepreneur Bryan Finnerty has also joined as an investor. The board also includes existing chief executive Liam Dooley and finance director Duncan Montgomery.

Friedel, a former Liverpool, Blackburn Rovers, Aston Villa and Tottenham Hotspur keeper, will work with manager Gavin Cowan. Davidson said in a statement that the group was 'filled with gratitude, hope and, most importantly, ambition for the future', and that Shrewsbury Town 'has limitless potential'. The incoming ownership and the club paid tribute to Wycherley's long service and dedication.

How it is being reported

• New owners complete takeover of Shrewsbury Town Football ClubShrewsbury Town Football Club has entered a new era after Biscayne ST LLC, a company controlled by Miami-based businessman Scott Davidson, completed a successful takeover of the club.Shropshire Live · 9 Nov, 15:40
• ‘We’re winning the lot!’ - How Shrewsbury Town fans reacted to takeoverShrewsbury Town fans reacted as the club’s takeover is completed.Shropshire Star · 9 Nov, 15:14
• ‘Renewed hope’ - Shrewsbury Town Official Supporters’ Club reacts to takeoverOfficial Supporters’ Club welcomes Shrewsbury Town takeover.Shropshire Star · 9 Nov, 14:39
• WATCH: Shrewsbury Town takeover completed as new era officially beginsIt’s official! A takeover of Shrewsbury Town has been completed.Shropshire Star · 9 Nov, 14:02
• Meet the figures taking Shrewsbury Town into a new era after takeover is completedThe men behind Shrewsbury Town’s takeover.Shropshire Star · 9 Nov, 12:58
• ‘Honour and privilege’ - Roland Wycherley’s message as Shrewsbury Town ownership reign endsOutgoing Shrewsbury Town owner and chairman Roland Wycherley has delivered his farewell.Shropshire Star · 9 Nov, 12:24
• How did we get here? The road to Shrewsbury Town’s takeoverShrewsbury Town have been sold - but how did we get to this point?Shropshire Star · 9 Nov, 12:13
• Friedel group completes Shrewsbury Town takeoverShrewsbury Town's American takeover deal is done, allowing owner Roland Wycherley to retire, reports BBC Radio Shropshire.BBC Shropshire · 9 Nov, 12:09
• Shrewsbury Town to enter new era as American takeover is completedA new era begins as Shrewsbury Town’s takeover is finalised.Shropshire Star · 9 Nov, 11:59

In this story: Brad Friedel · Roland Wycherley · Scott Davidson · Craig Graham · Will Dotson · Shrewsbury Town · Biscayne ST LLC · Shrewsbury

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