Shrewsbury Town have completed their long-awaited takeover, with an American-based consortium led by Scott Davidson acquiring an 87.4 per cent stake in the League Two club.
The deal, involving Davidson’s Biscayne ST LLC, has been finalised, allowing long-time owner Roland Wycherley to step aside after years in charge.
Former Liverpool goalkeeper Brad Friedel has officially been appointed Shrewsbury’s new sporting director following the takeover.
He made 450 Premier League appearances during his playing career, representing Blackburn Rovers, Aston Villa, Tottenham Hotspur and Liverpool.
His most recent role in football was as an adviser to Turkish giants Besiktas in 2024. Davidson, a Miami-based businessman with experience in financial services, investment, corporate leadership and real estate, will become the club’s new chairman.
He also has links to Scottish club Spartans, where he has been involved in ownership. New York financier Will Dotson and Spartans chairman Craig Graham will also join Shrewsbury’s board as directors, subject to EFL approval.
Friedel, Davidson and chief executive Liam Dooley are scheduled to address the media at a press conference on Thursday at 3pm.
A club statement read: “Shrewsbury Town is delighted to announce Biscayne ST LLC, a company controlled by Miami-based businessman Scott Davidson, has successfully completed its acquisition of the football club.
“Scott is joined in the new ownership group by former USA international goalkeeper Brad Friedel, The Spartans Chairman Craig Graham, and fellow Spartans director Will Dotson.
“Joining the ownership group as an investor is sports entrepreneur and former professional footballer Bryan Finnerty. Bryan, who is the Managing Partner of Atlantic Football Ventures, will shortly undergo the necessary Owners’ and Directors’ Tests.
“Scott Davidson will take on the role of Club Chairman, while Brad Friedel will become Sporting Director. Craig Graham and Will Dotson will also initially take up positions on the club’s Board of Directors.
“Biscayne ST LLC has acquired 87.4% of the club’s shares, previously held by Roland Wycherley MBE, who has now stepped down as owner and chairman following 30 years at the helm.
“The new ownership group, alongside everyone at Shrewsbury Town, would like to place on record its sincere thanks to Mr Wycherley MBE for his outstanding contribution, dedication and tireless service to the football club over the past three decades. His commitment and impact on Shrewsbury Town will always be recognised and appreciated by the club and its supporters.
“The club’s new Board of Directors will consist of Scott Davidson, Brad Friedel, Craig Graham, Will Dotson, Liam Dooley and Duncan Montgomery.”
Friedel was in attendance at Oteley Road for Shrewsbury’s EFL Trophy Northern Group E victory over Everton Under-21s on October 27.
Both he and Davidson are expected to attend Saturday’s home fixture against Oldham Athletic, managed by another former promotion-winning Town boss, Micky Mellon. A victory could lift them into the play-off places. Just three points separate them from fifth-placed Cheltenham.
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