Follow the Shropshire Star’s live coverage of the new ownership group Biscayne ST LLC below.

New Shrewsbury Town owner and chairman Scott Davidson is holding a press conference on Thursday afternoon after completing his takeover of the club from Roland Wycherley earlier this week.

Miami-based Davidson will meet the press alongside former Premier League goalkeeper Brad Friedel, the club’s new sporting director.

Chief executive Liam Dooley, who remains in place, is also part of the press conference.

The Shropshire Star is in attendance at Croud Meadow for live coverage of the press conference, which is scheduled to begin at 3pm. Follow below for the latest and stay tuned online at the Shropshire Star for full written and video reaction.