Particle.news

Download on the App Store

National League Approves Panjab Warriors’ Conditional Takeover of Morecambe FC

The club cannot resume fixtures until Panjab Warriors formally complete the sale.

Image
Image

Overview

  • The National League’s Club Compliance and Licensing committee approved the Panjab Warriors takeover bid in principle on August 17.
  • Morecambe’s suspension will be lifted only after the new owners sign the Sale and Purchase Agreement.
  • A transfer embargo will bar player registrations until all outstanding wages, creditor payments and HMRC liabilities are settled.
  • Panjab Warriors and Bond Group reached an agreement in principle on August 14 for the transfer of the majority shareholding.
  • Morecambe faces an August 20 compliance review ahead of its planned home match against Altrincham on August 23.