Shepshed Dynamo Football Club is an English football club based in the small town of Shepshed in the north west of Leicestershire, England. Founded as Shepshed Albion towards the end of the 19th century, the team played for the majority of their early history in the Leicestershire Senior League before a series of league wins and promotions the late 1970s and early 1980s, when they were known as Shepshed Charterhouse, took them within two promotions of The Football League. 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 currently play in the Northern Premier League Division One Midlands.

Shepshed is a market town and civil parish in the Charnwood Borough of Leicestershire, England with a population of 14,875 at the 2021 census. It is the second biggest settlement in the borough, after the town of Loughborough.