Shrewsbury 'to lose £1m in revenue' after relegation

Michael Appleton joined the club last month after Gareth Ainsworth's exit [Rex Features]Shrewsbury Town could be facing a "£1m decrease" in commercial revenue in the wake of relegation to League Two, according to football finance expert Kieran Maguire.The Shrews are guaranteed to finish bottom of League One after relegation was confirmed on Friday and defeats to Wigan and Northampton over the weekend.Speaking to BBC Radio Shropshire, Maguire laid bare the impact of dropping down a division