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Shrimps CEO gives update on club ownership

Morecambe FC’s Chief Exec has issued an update regarding the ownership of the club.

In a comprehensive update about various matters on the club’s website, CEO Ben Sadler said matters in terms of selling club were progressing.

‘’The club ownership remains with Bond Group who have publicly put the club up for sale some months ago now,'' said Ben.

''I understand that parties are making some progress in their discussions with Bond Group, but that remains an issue between those concerned and when there are any tangible and concrete developments that are confirmed with the Board, we will of course be able to offer a more detailed update.

‘’This week, some of our eagle-eyed supporters have spotted a notice on Companies House that confirms 178,000 shares have been purchased.

‘’For clarity, these have been purchased by the ownership, Bond Group, as an injection relating to the ongoing and normal operation of the business.

‘’For us here at the club, the objective remains the same which is to maximise what we can within our resource and continue to work as best as we possibly can towards the ongoing plan to become a sustainable and competitive League One club.’’

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