Is the sale of Morecambe FC ever going to happen?
An update from prospective purchasers Panjab Warriors:
"Morecambe Football Club stands at a critical crossroads.
“The next 24 hours will define the future of this club, its people, and its legacy.
“From the Panjab Warriors side, everything is ready.
“Our legal team has confirmed that all documentation has been complete since last week, all conditions have been met, and funds are in place.
“The sale is seconds away from completion – all that is required is Jason Whittingham’s signature.
“Yet despite reaching this final moment, Morecambe FC is being held hostage.
“We now suspect the club is being used as leverage in unrelated personal financial matters-a move that threatens its very survival.
“Staff remain unpaid, tension is mounting, and the impact on morale within the club is growing by the hour.
“Critical financial deadlines are being missed. Morecambe FC is now on life support."
The club owes £45K VAT and £131K in wages. And the Warriors say that a transfer embargo could be placed on the club if these debts are not paid.
“The Panjab Warriors have been fully approved by the EFL, and all funds – source and sufficiency – have been cleared,” the statement continued.
“Over the past 14 months, we have continuously supported the club financially, providing £1.7 million in working capital, in addition to the £3.8 million purchase sum.
“We believe the undisclosed mention of so-called investors at this late stage is misleading and potentially fraudulent.”
“We issue this final appeal to Jason Whittingham: Sign the paperwork. Release the club. Do the right thing.”
“To the Morecambe fans, the Shrimp Trust, and the Board of Directors: we thank you for your continued strength and support.
“Your perseverance throughout this entire process has been nothing short of inspirational."