Morecambe on the brink

[Flying Hogans]

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?

[Grayhoundend]

Well you see, They actually have a board of directors, Not nodding dogs.

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

[charltonclive]

The board of directors have been sacked.
https://www.morecambefc.com/news/2025/j ... ittingham/

[charltonclive]

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/

[Roy Hogan's Wig]

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.

[Grayhoundend]

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

[Kettering Poolie]

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......

[accrington fan]

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.

[Flying Hogans]

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......

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

[Bluestreak]

Would they not be better off buying Pools?
Or is something putting them off?

[PTID]

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.

[Ethel Cardew]

Two teams in a decade with a nickname related to Shrimps have had dodgy owners. Something fishy going on.

[kevin pooles gloves]

Would they not be better off buying Pools?
Or is something putting them off?

Pools were never really up for sale.

[MutleyRules]

100% correct KPG.

[MutleyRules]

Two teams in a decade with a nickname related to Shrimps have had dodgy owners. Something fishy going on.

Must try harder...2/10.

[dstanley5]

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.

[kevin pooles gloves]

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.

[Colin Jack]

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.

[Bluestreak]

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.

[Bluestreak]

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.

[accrington fan]

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.

they are only a pair of half lots anyway.

[accrington fan]

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.

[charltonclive]

Another statement from Morecambe.

There has been a campaign of abuse on social media against my family members, including elderly and young - all vulnerable people, including women, who they are clearly attempting to intimidate and bully.
https://www.morecambefc.com/news/2025/j ... ond-group/

[PTID]

If it's within the law it may not be nice but there's not a lot that can be done. He could always just take the offer and run if he feels it's intolerable.
If it's out with the law or on the edge of legality I'd imagine he'll have his barristers issue a similar one to the one that Raj sent to Mr I.

[Grayhoundend]

Just another clever, Very likeable owner.

[MutleyRules]

Kunt you mean??

[Grayhoundend]

Kunt you mean??

Reverse psychology, Our owner is lovely.

[Kettering Poolie]

Doesn't matter in the grand scheme. He's going nowhere anytime soon, so we just have to get on with it until we hear otherwise.

[kevin pooles gloves]

Kunt you mean??

Anutha trouble causer.
Shudent try to run football clubs them lot if they can't take a bit of handbag criticism.

And these Social media deflections for failure.

Free Lucy Connelly

[accrington fan]

Another statement from Morecambe.

There has been a campaign of abuse on social media against my family members, including elderly and young - all vulnerable people, including women, who they are clearly attempting to intimidate and bully.
https://www.morecambefc.com/news/2025/j ... ond-group/

haven,t we heard that as well.

[Grayhoundend]

You will find them all in the owners book of dodges.

[charltonclive]

Another update from Morecambe

https://www.morecambefc.com/news/2025/j ... wakefield/

[Grayhoundend]

Another update from Morecambe

https://www.morecambefc.com/news/2025/j ... wakefield/

Sad state of affairs, How on earth these owners are allowed anywhere near sorts clubs is beyond me.

[accrington fan]

Another update from Morecambe

https://www.morecambefc.com/news/2025/j ... wakefield/

Sad state of affairs, How on earth these owners are allowed anywhere near sorts clubs is beyond me.

made even worse by trying to push smart meters on readers at the bottom of the statement.

[charltonclive]

More news from Morecambe.
https://www.morecambefc.com/news/2025/j ... ond-group/

[Snowy]

A last minute bid sorted out in 24 hours……so it can be done?

[PTID]

Must be from someone who's already shown interest, to put a bid in without doing due diligence is madness. Mind I'm not sure due diligence needs to take 3 months!
Still hoops for Morecambe to jump through with the fit and proper person stuff, and obviously stumping up the cash, and the present owner not deciding to stay after all, etc etc
It didn't seem to be so complicated back in the day with takeovers being done in days or at most weeks.

[kevin pooles gloves]

I think Deadpool did there DD in 3 minutes for Pools.

Ye it doesn't need to take 3 months.

Does PTID stand for.

Poolie
Totally
In
Denial.

[Flying Hogans]

Still dragging on and now the Panjab Warriors are getting restless and threatening to pull their money out:
https://www.lancasterguardian.co.uk/spo ... im-5218169

Oy lads, still not too late to choose the dry side of the Pennines...

[accrington fan]

when we play them will the game be advertised as the basket case derby.

[Flying Hogans]

Unbelievably, another week has rolled by and Morecambe FC are still at '2 minutes to midnight' with the sale of the club not done. Surely only 30 seconds left by now?

The players have still only received one-third of their June wages - not the first time this has happened to them either. Hell of a way to prepare for new season, even by Pools' standards.

[paulus the woodgnome and a side salad]

Unbelievably, another week has rolled by and Morecambe FC are still at '2 minutes to midnight' with the sale of the club not done. Surely only 30 seconds left by now?

The players have still only received one-third of their June wages - not the first time this has happened to them either. Hell of a way to prepare for new season, even by Pools' standards.

Yes but they are still shorter odds with the bookies than us for promotion, what does that say about us.

[Flying Hogans]

Yes but they are still shorter odds with the bookies than us for promotion, what does that say about us.[/quote]

6-1? If you think that's a good bet pile on mate. Mind, 16-1 for Pools to go up ain't exactly generous

[charltonclive]

Latest news from Morecambe

We can confirm that a take-over deal is near completion with a consortium of individuals headed by people with genuine football experience, to acquire Bond group’s interest in the club. We can also confirm that despite speculation on the buyers’ identity, nobody from the consortium has yet been named publicly and recent guesses are not accurate.
https://www.morecambefc.com/news/2025/j ... ond-group/

[Grayhoundend]

Jamie Alexander Hunter
This a name being put forward as buyer, If its true then god help them.

His name is mentioned in this statement:

GwDiu6bWAAA9YAn.jpg

[charltonclive]

More news from Morecambe
An announcement had been planned for this afternoon, but due to false speculation about the buyer’s identity we have received consent to disclose the buyer’s identity.
The consortium buying Bond Group’s interest in the club, subject to National League approval, is led by Mr Jonny Cato with an impressive group being built around him to develop the club over the coming seasons.
https://www.morecambefc.com/news/2025/j ... ond-group/

[Mctee1908]

Jonny Cato the Swedish politician? Bizarre.

[Grayhoundend]

Lets hope they have put the breaks on and are pulling back from the brink.

[Flying Hogans]

Morecambe's players are on strike now. Still not paid for the last month and refusing to play a friendly with Barrow. Less than 3 weeks to go till the start of the season.

[loyal_fan]

One relegation place sorted it seems