Morecambe FC board warn of ‘catastrophic outcome’ unless club is sold after meeting with owner

Monday, 20 May 2024 20:20

By Dave Salmon

Morecambe FC Board of Directors have warned of ‘catastrophic outcome’ unless club is sold in the near future.

Further serious questions about the financial future of the club have been revealed, including a failure to sufficiently fund the club in the short term, following a meeting between the club and owner, Jason Whittingham from Bond Group.

The Shrimps have now released an open letter, urging a sale to a ‘US-based potential buyer’ be explored as a matter of urgency.

The letter reads:

The Board of Directors at Morecambe Football Club have written the following open letter to Bond Group.

Dear Jason,

We are writing this open letter to reiterate what was said to you during the meeting we held with you today, during which you updated us on the critical matters of funding and the sale of the Football Club.

Sadly, your future funding assurances have now failed to come to fruition so often that, in the absence of substantial funds from Bond Group landing in the Morecambe Football Club account, they come across as meaningless, and we must take them as such in order to be responsible.

As for the Middle East-based potential buyer you first told us was interested in buying the Club approximately a year ago, you have provided no tangible evidence or introduction during this time to enable us to consider them serious or credible.

You have one apparently serious offer on the table from a US-based potential buyer which, based on what we know, is the most credible which has been made since you placed the Club up for sale over 20 months ago.

Please accept this second offer now, so that there is a chance that a sale might be completed, and a catastrophic outcome be avoided.

From the Board of Directors of Morecambe Football Club.

Earlier today it was announced that Morecambe FC has just five contracted professionals on the books for next season so far, following the release of 16 players.

The Shrimps also currently have no first team manager, and remain under an EFL embargo due to an ongoing matter relating to a VAT payment owed to HMRC.