Having stood 11th in the league table on 19 January, Shrewsbury were on a seven-match run without a win when Peters left the club by mutual consent in March 2008.

There were various reasons the club decided to move stadium, most notably due to the close proximity to the River Severn making it prone to flooding.

The first match at the new stadium was played on the 14 July 2007 against A-Line All Stars, a goal each from David Hibbert, Danny Hall, Tom Moss and trialist Kieran Donnolly gave Shrewsbury a 4–0 win.

[5] Four players left the club: Richard Hope to Wrexham, David Edwards to Luton Town, Ross Draper to Stafford Rangers and Steven Hogg to Gretna.

Shrewsbury made two permanent summer signings, those being defender Colin Murdock from Rotherham United,[6] and striker Fola Onibuje from Wycombe Wanderers.

The club signed forward Grant Holt from Nottingham Forest, and defenders Mike Jackson from Blackpool, Shane Cansdell-Sherriff from Tranmere Rovers, and Graham Coughlan from Rotherham United.

Brought in on loan were forward Richard Walker from Bristol Rovers, and goalkeeper Luke Daniels from West Bromwich Albion.