Sale is agreed 'in principle' claims new statement

Morecambe FC has published a statement which claims that an agreement has been 'reached in principle' for Panjab Warriors to complete a takeover of the club.

- by Gavin Browne

A joint statement was published on the Shrimps' website on Thursday afternoon, six days before the National League's compliance and licensing committee meets to discuss the club's suspension from the competition.

Nevertheless, it comes nearly six weeks after a statement on July 4, which said a sale to Panjab Warriors was intended for completion three days later-but which didn't happen.

This latest claim comes with club staff still awaiting two-thirds of June's wages - and all of July's-while owner and would-be buyer have issued claim and counterclaim within the last week over any proposed buyout.