Salop confirm improved accounts showing £600k loss

Shrewsbury Town have confirmed losses of £600,000 for the year to 30 June 2025, an improvement of £1m on the previous 12 months.

The latest set of figures covers Salop's season in League One last term that ended in relegation to League Two.

Turnover was up from £6.8m in 2023-24 to £7.2m with a reduction in other costs of £600,000, along with less spent on operating income, helping with the overall drop in deficit.

The club said it continues to have "no external debt", and revealed chairman Roland Wycherley and vice-chairman Duncan Montgomery have pumped £900,000 into the club in the form of interest-free loans during the 2024-25 season.

Town chief executive Liam Dooley had announced the improvement in the club's financial situation earlier this week crediting the progress on "disciplined financial management and long-term planning".

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Wycherley's continued financial commitment comes with the club still up for sale with no "new news" on any potential buyers.

He has been looking for new owners since September 2024 and saw two takeover bids collapse last year.

Salop had looked in danger of losing their English Football League status for the first time since 2003-04 after a difficult campaign under Michael Appleton that left them two points above the relegation zone.

But the appointment of Gavin Cowan as his replacement at the end of January has been transformative.

The former Brackley boss has steered them 12 points clear of trouble off the back of five wins in a row.