Financial Crisis Deepens at Historic Club

Morecambe FC's directors have declared an 11th-hour deadline for owner Jason Whittingham to complete the club's sale to Panjab Warriors consortium by 4pm Tuesday, 1st July 2025, or face administration proceedings. This dramatic development comes after:

• £3.8m paid by Panjab Warriors to Bond Group Investments
• £630k cleared in outstanding club loans
• 14 months of emergency funding totaling £1.7m

Historic Mazuma Stadium faces uncertain future

Takeover Timeline Breakdown

Relegation & Ramifications

The Shrimps' recent relegation to the National League – their first fifth-tier season since 2007 – compounds financial pressures. Administration would likely bring:

1. Automatic 12-point deduction
2. Transfer embargo
3. Staff redundancies
4. Potential stadium asset sales

Local MP Lizzi Collinge stated: "This isn't just about football – it's about 105 years of community heritage hanging in the balance."

Ownership Standoff Intensifies

Whittingham's Bond Group maintains control despite:

• Failing to meet payroll obligations
• Public demands from EFL and local government
• Completed financial transfers from buyers

Panjab Warriors spokesperson countered: "We've met every obligation. The ball's firmly in Bond Group's court."

Next Steps: The National League has confirmed it will monitor developments ahead of the 2025-26 season kickoff in three weeks.