The American consortium trying to buy Shrewsbury Town has received clearance from the Scottish Football Association to hold dual interests in both Spartans FC and League Two Salop. The group, which includes Scott Davidson, Will Dotson, Craig Graham, and former goalkeeper Brad Friedel, has already passed due diligence and financial tests set by the English Football League and the Independent Football Regulator. Any concerns regarding Davidson's existing role as majority shareholder at the Scottish League 2 club have now been addressed.
Spartans FC stated that the Scottish FA's approval of the dual interests completes the majority of the regulatory aspects of the acquisition.
Source: BBC Sport Football · Summarized by HeadlinesBriefing