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 Post subject: Morecambe on the brink
PostPosted: Tue Jul 01, 2025 5:10 pm 
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Their Board of Directors has extended their own deadline for putting the club into administration from 4pm to 6pm today.

They're trying to force a sale over the line to get rid of their current owner in favour of the Panjab Warriors 'global sports investment firm' headed up by not one but two Mr. Singhs! (neither is called Raj)

Is it too early to tell Morecambe fans to be careful what they wish for?


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 Post subject: Re: Morecambe on the brink
PostPosted: Tue Jul 01, 2025 6:42 pm 
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Well you see, They actually have a board of directors, Not nodding dogs.

If some want to be door mats that,s THEIR choice.


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 Post subject: Re: Morecambe on the brink
PostPosted: Wed Jul 02, 2025 11:45 am 
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The board of directors have been sacked.
https://www.morecambefc.com/news/2025/j ... ittingham/


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 Post subject: Re: Morecambe on the brink
PostPosted: Fri Jul 04, 2025 5:35 pm 
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Update from Morecambe

The Board of Directors have unanimously agreed to rejoin Morecambe FC and facilitate the sale of Bond Group's shares to Panjab Warriors, which is intended to complete on Monday.
All we can promise is that we will do everything in our powers to make it happen, get wages paid, and begin at last to look forwards.
https://www.morecambefc.com/news/2025/j ... directors/


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 Post subject: Re: Morecambe on the brink
PostPosted: Fri Jul 04, 2025 6:09 pm 
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They have went through some shite to get to this stage, actually quite jealous that their takeover looks like its going ahead, I would love us to be in that position.


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 Post subject: Re: Morecambe on the brink
PostPosted: Fri Jul 04, 2025 6:43 pm 
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charltonclive wrote:
Update from Morecambe

The Board of Directors have unanimously agreed to rejoin Morecambe FC and facilitate the sale of Bond Group's shares to Panjab Warriors, which is intended to complete on Monday.
All we can promise is that we will do everything in our powers to make it happen, get wages paid, and begin at last to look forwards.
https://www.morecambefc.com/news/2025/j ... directors/


Aye our very own Chairman/Owner/Vote Lover resigned then was re-instated by the happy clapper season ticket buyers.
May be thats why he returned to help the sale of the club go through :laugh: :laugh: :laugh: :laugh:


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 Post subject: Re: Morecambe on the brink
PostPosted: Fri Jul 04, 2025 7:13 pm 
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Location: Ketrin, Norfants
Roy Hogan's Wig wrote:
They have went through some shite to get to this stage, actually quite jealous that their takeover looks like its going ahead, I would love us to be in that position.


Jesus, that's quick!
The difference when the seller actually wants to sell, all quite bizarre, just imagine......


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 Post subject: Re: Morecambe on the brink
PostPosted: Sat Jul 05, 2025 11:00 am 
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problem for them is what will there new owners be like. over the last dew years they are getting close to having the same number of owners as we have managers. its shit at pools but its as bad or worse at a real famous football club sheffield wednesday with their ownership problems including transder embargo,s and non payment of players wages. there is always someone worse off than you if you look hard enough.


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 Post subject: Re: Morecambe on the brink
PostPosted: Sat Jul 05, 2025 1:04 pm 
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Kettering Poolie wrote:
Roy Hogan's Wig wrote:
They have went through some shite to get to this stage, actually quite jealous that their takeover looks like its going ahead, I would love us to be in that position.


Jesus, that's quick!
The difference when the seller actually wants to sell, all quite bizarre, just imagine......


sctatchinghead There's been nothing quick about it. According to the prospective new owners it has dragged on for 14 months and they have already invested an absolute fortune in the club:

"To date, a sum of £3,800,000 has already been paid to Bond Group, alongside an agreed sum of £630,000 to clear the outstanding loans against Morecambe FC. In addition, over the past 14 months, £1,700,000 has been loaned—interest-free—by the Panjab Warriors team to meet the club’s monthly working capital needs and ensure its ongoing survival.

https://panjabwarriors.com/panjab-warri ... le-delays/

So they reckon they've handed over more than £6 million - for Morecambe!! English football has gone mental with all these foreign investors offering stupid amounts of money.

Pity they didn't want Pools - Raj would have had their hands off for £6 million :lol:


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 Post subject: Re: Morecambe on the brink
PostPosted: Sat Jul 05, 2025 2:05 pm 
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Would they not be better off buying Pools?
Or is something putting them off?

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If it looks like a duck, swims like a duck and quacks like a duck it is probably a duck!


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 Post subject: Re: Morecambe on the brink
PostPosted: Sat Jul 05, 2025 2:25 pm 
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Aren't they just moving into a debt trap? £1.7m has been loaned to the club - don't loans need to be repaid at some point otherwise the lender has the power to pull the plug? Even after a takeover they could be no better off than us.


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 Post subject: Re: Morecambe on the brink
PostPosted: Sun Jul 06, 2025 4:36 am 
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Two teams in a decade with a nickname related to Shrimps have had dodgy owners. Something fishy going on.


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 Post subject: Re: Morecambe on the brink
PostPosted: Sun Jul 06, 2025 4:48 am 
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Bluestreak wrote:
Would they not be better off buying Pools?
Or is something putting them off?



Pools were never really up for sale.


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 Post subject: Re: Morecambe on the brink
PostPosted: Sun Jul 06, 2025 8:02 am 
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100% correct KPG.


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 Post subject: Re: Morecambe on the brink
PostPosted: Sun Jul 06, 2025 8:03 am 
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Ethel Cardew wrote:
Two teams in a decade with a nickname related to Shrimps have had dodgy owners. Something fishy going on.

Must try harder...2/10.


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 Post subject: Re: Morecambe on the brink
PostPosted: Sun Jul 06, 2025 8:39 am 
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Why do foreigners want to own English football clubs?

Could it be they have money to burn, love the club, the town or what?

It's because they see a chance to MAKE some money imho! It's always down to money.

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 Post subject: Re: Morecambe on the brink
PostPosted: Sun Jul 06, 2025 10:31 am 
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kevin pooles gloves wrote:
Bluestreak wrote:
Would they not be better off buying Pools?
Or is something putting them off?



Pools were never really up for sale.


Wrexham were.
Our loss their gain the lucky Welsh bastads.
bbolt :lol:


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 Post subject: Re: Morecambe on the brink
PostPosted: Sun Jul 06, 2025 10:46 am 
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Lots of clubs have went through these problems, some have even disappeared or sunk right to the bottom, but still manage to reform/regroup and catch up to Pools or even overtake them. I get the impression even if Raj finally left, we'd end up with something even worse, which is why I've always maintained, Pools might be better starting again. I'm sure if we had in 2018, we'd be in the National League by now, having experienced a couple of promotions and maybe a Wembley appearance.


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 Post subject: Re: Morecambe on the brink
PostPosted: Sun Jul 06, 2025 10:49 am 
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kevin pooles gloves wrote:
Bluestreak wrote:
Would they not be better off buying Pools?
Or is something putting them off?



Pools were never really up for sale.


Yes in some way but everything is up for sale and emotion/passion/civic pride etc is attached to football clubs and the trick (allegedly) is to say its for sale and wait for someone with more money than sense to make a stupid offer. In the meanwhile you let the club trundle on just about surviving at this level acting as a tax loss for the rest of the group of companies.
A sale will happen in the short / medium /long term as is the case with every club.

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If it looks like a duck, swims like a duck and quacks like a duck it is probably a duck!


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 Post subject: Re: Morecambe on the brink
PostPosted: Sun Jul 06, 2025 10:50 am 
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Ethel Cardew wrote:
Two teams in a decade with a nickname related to Shrimps have had dodgy owners. Something fishy going on.

We will batter them home and away. bbolt

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If it looks like a duck, swims like a duck and quacks like a duck it is probably a duck!


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 Post subject: Re: Morecambe on the brink
PostPosted: Sun Jul 06, 2025 11:01 am 
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Bluestreak wrote:
Ethel Cardew wrote:
Two teams in a decade with a nickname related to Shrimps have had dodgy owners. Something fishy going on.

We will batter them home and away. bbolt

they are only a pair of half lots anyway.


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 Post subject: Re: Morecambe on the brink
PostPosted: Sun Jul 06, 2025 11:09 am 
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Colin Jack wrote:
Lots of clubs have went through these problems, some have even disappeared or sunk right to the bottom, but still manage to reform/regroup and catch up to Pools or even overtake them. I get the impression even if Raj finally left, we'd end up with something even worse, which is why I've always maintained, Pools might be better starting again. I'm sure if we had in 2018, we'd be in the National League by now, having experienced a couple of promotions and maybe a Wembley appearance.

at this moment of time the only club to have done this is accrington who until a new owner came in a few years back were getting very close to going back whence they came. more or less thats a shit or bust situation going down that line and too much of a gamble for a none gambler like me.


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