Morecambe Faces Administration Without Ownership Change - The Global Herald

Morecambe on verge of administration amid infighting and stalled takeover talks

Breakthrough elusive at club relegated from League Two Panjab Warriors consortium have clearance for takeover Morecambe are on the verge of entering administration after talks between the club’s directors and owner Jason Whittingham failed to find a breakthrough regarding a potential takeover. The Panjab Warriors consortium received clearance from the Football League to complete a takeover of the Shrimps at the start of June but the process rem…

Morecambe Faces Administration Without Ownership Change - The Global Herald

The board of Morecambe FC has announced its intention to initiate the administration process if the current owner does not finalize the sale of the club.

Morecambe FC board issues ultimatum to owners amid financial crisis

Morecambe FC’s board of directors has delivered an ultimatum to owners Bond Group Investments, urging them to complete the sale of the club or risk forcing it into administration. The post Morecambe FC board issues ultimatum to owners amid financial crisis appeared first on The Non-League Football Paper.

Morecambe directors threaten to put club into administration if owner doesn’t sell up

Morecambe FC board of directors threaten to put the club into administration by 4pm (1st July) if owner Jason Whittingham doesn’t sell up. The Shrimps are facing a financial crisis and potential administration due to unpaid wages and ongoing issues. The club’s board has warned that its existence is threatened unless the unpopular owner sells to Panjab Warriors under previously agreed terms. This follows a collapsed takeover attempt by Panjab War…