- Morecambe Football Club, currently suspended by the National League and at risk of closure due to financial issues, has announced an agreement in principle for its sale.
- The deal involves the transfer of majority shareholding from the Bond Group to Panjab Warriors.
- The Bond Group expressed apologies for the stress caused to club staff and thanked them for their forbearance.
- Final legal documentation is now being prepared, with immediate steps taken to inform key stakeholders, including the National League.
- The club hopes this agreement will pave the way for continued stability and a positive future, aiming to avoid the fate of Bury, who were expelled from the EFL over financial problems.
IN FULL
Morecambe announce agreement in principle for sale of club to Panjab Warriors
