It had been thought that Morecambe was to be sold but that now appears uncertain.
On top of that the players haven't been paid.
The board of directors posted the following statement:
Bond Group Investments Limited, despite agreeing a sale with Panjab Warriors, giving the Board assurances for more than a year that they intend to sell to Panjab Warriors, and working with Panjab Warriors to enable them to gain EFL clearance for the acquisition to proceed on 6th June 2025, now appear to be considering reneging on the deal and attempting to engage with alternative buyers, on the same day that they have failed to provide the funds required to meet the Club’s June payroll, despite understanding exactly what that requirement is.
They have also, at the last minute, informed the Board of Directors and Panjab Warriors that they are not actually in a position to transfer their shares to a buyer without consent from an unspecified third party.
Bond Group Investments Limited are playing with people’s livelihoods, threatening the very existence of this proud club, and risking serious damage to the community it serves.
They have consistently proved to be deceitful, and the Board of Directors call upon them to, for once, do the right thing and sell the club immediately to Panjab Warriors, the only potential buyer that has passed the EFL’s fit and proper test and proved willing to engage properly with a sale process that has now been ongoing for over two and a half years.
The Board of Directors have, once again, considered resigning, and only remain in post to attempt to protect the interests of the club, staff and everyone associated with it.