The club encountered financial difficulties in 1994 and reformed under the new name in recognition of the help provided by local side Loughborough Dynamo.

They remained in the Leicestershire Senior League for the next 60 years, being promoted and relegated between its two divisions numerous times.

However, the non-league pyramid was not as formalised at the time as it has subsequently become, and the club won the LSL Premier Division three seasons running.

[9] O'Neill would only be at the club for a few months before going on to forge a highly successful managerial career with Leicester City and Celtic amongst others.

[10] Charterhouse however would find no such success, finishing bottom of the league in 1990–91 and 1991–92 resulting in relegation to the NPL Division One.

[11] Despite their single season in the Combination being relatively successful, finishing fourth in the 22 team league, off-field problems saw the future of the club in doubt.

[12] Promotion brought its own difficulties and Shepshed were forced to seek financial help from Charnwood Borough Council to complete the necessary improvements to the club's facilities to allow them to take their place in the Southern League.

[13] Their first season back in the Southern League resulted in a safe mid-table position, but it was in the FA Cup that they caused their fans the most excitement.

The club have played their games at the Dovecote, situated on Butthole Lane on the north side of the town, since 1891.

The club's crest features a stylised "D" inherited from local side Loughborough Dynamo who were central in their reformation in 1994.

[25] Note: Flags indicate national team as defined under FIFA eligibility rules; some limited exceptions apply.