Morecambe: Panjab Warriors and Bond Group reach agreement over takeover

A new takeover deal has been agreed between Morecambe owners Bond Group and prospective buyers Panjab Warriors in a bid to save the beleaguered National League club.

The Shrimps are currently suspended from the league and had their first three games postponed because of concerns about the club’s ability to meet their financial obligations.

Panjab Warriors have previously had their takeover approved by the EFL in June, following the club’s relegation from League Two, but a chaotic summer has followed.

That has included Culture Secretary Lisa Nandy writing to owner Jason Whittingham urging him to sell the Shrimps, while Prime Minister Sir Keir Starmer urged everyone involved with the club “to do the right thing”.

“This agreement reflects the willingness of both sides to compromise in the best interests of Morecambe FC, its supporters, and the wider community,” Panjab Warriors and Bond Group, led by Whittingham, said in a joint statement., external