Terms agreed on delayed Morecambe takeover
Briefly

Panjab Warriors has agreed to take over Morecambe Football Club, confirmed by owner Jason Whittingham. This agreement follows a tumultuous week where the board demanded completion of the sale or threatened administration. Subsequently, Whittingham sought to remove the board. The deal, involving Whittingham's Bond Group Investments, will be finalized on July 7. Morecambe, previously relegated from League Two, experienced 17 years in the English Football League, facing significant operational challenges during this transition.
Terms have been agreed for the takeover of Morecambe by Panjab Warriors, as confirmed by current owner Jason Whittingham. The deal is set to be completed on July 7.
A turbulent week ensued at Morecambe, with the board threatening administration unless the sale was completed, leading Whittingham to attempt board removal.
Morecambe Football Club experienced significant challenges, having been relegated from League Two last season after spending 17 years in the English Football League.
The deal between Whittingham's Bond Group Investments and Panjab Warriors comes after intense negotiations and threats to put the club into administration.
Read at www.bbc.com
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