Latest update on Morecambe’s takeover emerges with statement issued by the club

July 3, 2025

in Latest News

Reading Time: 4 mins read

The newest replace on Morecambe’s takeover emerges with a press release issued by the membership after what has been per week stuffed with twists and turns.

Morecambe proprietor Jason Whittingham sacked the membership’s board after they threatened to position the membership in administration if a sale to Panjab Warriors wasn’t accomplished by 6pm on Tuesday.

The board issued two statements setting deadlines for the sale, which didn’t materialise. Whittingham then dismissed the board to keep away from administration and achieve extra time to safe the membership’s future.

Morecambe, who had been relegated to the Nationwide League final season, faces ongoing monetary and possession points.

Panjab Warriors claimed to have paid £3.8m to Whittingham’s Bond Group and £630,000 to clear loans, plus a £1.7m mortgage to make sure the membership’s survival. Whittingham denied stalling the sale and promised additional updates.

One other assertion has been issued, right here’s the newest…

Public Assertion.#UTS 🦐

— Morecambe FC (@MorecambeFC) July 3, 2025

STATEMENT:

Bond Group stays absolutely dedicated to finishing a sale of the Membership on the earliest doable alternative. All actions being taken are an effort to guard the membership whereas its sale is accomplished to keep away from the necessity for administration.

Work is constant and we nonetheless have affordable prospects on the sale finishing.

Working Capital, to pay employees and suppliers, stays on prime of our agenda to make sure we preserve operations while we conclude a sale. We do ask Collectors to proceed the unimaginable forbearance they’ve proven thus far to the membership.

We’re doing every part doable to resolve the scenario and ask followers, sponsors and the group to proceed present as a lot assist as they’ll for the Membership and employees throughout this extremely troublesome interval.

Any funds on the Membership or coming into the membership are for the Membership and nobody else.

Work continues to finish the sale course of and provides Morecambe FC the contemporary begin the membership and it’s group deserve.

The Nationwide League have been consulted and up to date on the sale course of and, as they require extra data and engagement with the Purchaser, we might anticipate them to be in dialogue with them imminently concerning subsequent season.

Bond Group has not been part of the Board because the finish of 2022 and, because of us having to supply exterior funding, we made it clear that any price range reliant on Bond Group would have to be minimal until others funds had been sourced. A big quantity of that funding was from Panjab and likewise this season’s budgets had been in keeping with affirmation of their continued assist.

There are different patrons within the acquisition of the membership nonetheless because it stands Panjab are essentially the most superior and so our focus stays on completion with them on the agreed deal. In an effort to attain that we’ve organised a gathering for this night and can replace on that tomorrow.

We’re working to keep away from Administration, get employees paid and proceed into subsequent season.

Twitter customers reacted amid the newest replace on Morecambe’s takeover emerges with a press release issued by the membership…

@HrDesert: There’s that phrase: imminently! Drink!

@jenhunt_: Extra bullshit. When are you gonna pay the employees which might be persevering with to carry this membership collectively whilst you do nothing.. absolute vermin

@mightyquinn89: No progress since yesterday then

@MorecambeFCFeed: Whittingham: “We (…) ask followers, sponsors and the group to proceed present as a lot assist as they’ll for the Membership and employees throughout this extremely troublesome interval.” Shut the hell up. In fact the fanbase is supporting the employees you absolute cretin.

@keithelliott94: It says – We do ask Collectors to proceed the unimaginable forbearance they’ve proven thus far to the membership. – This really means don’t trouble me for cash 🤷‍♂️

@keithelliott94: It says – Work is constant and we nonetheless have affordable prospects on the sale finishing. i feel that basically means it’s all going to finish up Pete tong 🤷‍♂️

@jim_bell17: What extra do it’s important to do to promote the membership? There is no such thing as a “attempting” it’s all a farce. Face the implications for the choices you might have made. Both promote the membership or let it fall into administration

@tomednn: “Any funds on the Membership or coming into the membership are for the Membership and nobody else.” Historical past exhibits us nobody ought to belief this within the slightest. Simply get to fuck Jason

@AlfieHi14845583: Jason is an absolute compulsive liar, don’t anticipate a lot tomorrow both

@stevejones1702: Please get it sorted shortly. Pre-season is right here!

@KieranTaylor3: Actually no additional alongside that the identical shite assertion launched yesterday. Board 100% right once they referred to as you out for stalling. Tomorrow’s assertion will as soon as once more simply be extra of the identical ‘we’re attempting to promote’ nonsense.

@_McCluskeyR: “affordable prospects” don’t strive too onerous eh Jason you foolish twat, get the funds to pay the employees what they’re owed and get the shares transferred over to new possession asap then fuck off again beneath your rock

@cllrdclifford: So a web page of flannel to inform us the employees nonetheless haven’t been paid in full and the takeover remains to be in a holding sample. We would like our membership again you absolute charlatan.