Image source, Rex Features
Morecambe were relegated to the National League past play and volition play successful English football's 5th tier for the archetypal clip since 2007 adjacent month
Morecambe's committee of directors accidental they volition statesman the process of putting the nine into medication aboriginal connected Tuesday if its proprietor does not merchantability the Shrimps.
A protracted takeover of the nine by the Panjab Warriors consortium has inactive not reached its conclusion, and connected Friday the committee alleged that proprietor Jason Whittingham's Bond Group Investments were "considering reneging", external connected the deal.
Morecambe's MP Lizzi Collinge said connected Monday that Bond Group should "get connected with" the woody to merchantability the 105-year-old club.
But successful a caller committee connection made connected Tuesday lunchtime, the directors said an ultimatum had been issued to Whittingham arsenic helium was "again refusing to merchantability his shares successful the club" which would effect successful unit wages going unpaid.
BBC Radio Lancashire person again contacted Whittingham for comment.
In Tuesday's statement,, external Morecambe's committee said: "Because Bond Group bash not person the required funds to conscionable the club's afloat payroll commitment, contempt being wholly liable for paying wages until a merchantability completes and alert of that work and the requirement, this means that wages cannot beryllium paid until the merchantability completes.
"Panjab Warriors bash person the funds disposable to wage each wages, and are acceptable to transportation these immediately, but they are not capable to bash truthful unless the merchantability completes and they are the owners.
"As a result, we person had nary prime but to contented an ultimatum to Jason Whittingham astatine 9:52am this morning, Tuesday 1st July 2025, that unless Bond Group's shares are sold to Panjab Warriors by 4pm today, the committee of directors volition beryllium near with nary enactment but to statesman the process of putting the nine into administration."
Whittingham, who oversaw the takeover of the nine successful 2018, previously told BBC Radio Lancashire that helium "could not hold to get out" of the past League Two nine successful an interrogation successful January.
Since past the nine person been relegated from the English Football League (EFL), meaning they volition play successful the National League adjacent play for the archetypal clip since 2007.
The woody to merchantability the nine to Panjab Warriors was approved by the EFL earlier successful June.
Panjab Warriors said past week, external they had already paid £3.8m to Bond Group alongside a abstracted outgo of £630,000 to wide outstanding loans against the club.
The radical claimed they had besides loaned a further £1.7m to the nine implicit the past 14 months to "ensure its ongoing survival".
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