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National League Approves Panjab Warriors’ Conditional Takeover of Morecambe FC

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

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.