Morecambe’s suspension from the National League has been lifted after the club’s takeover by the Panjab Warriors consortium was finally confirmed by the National League at the weekend.
Morecambe were initially suspended from England’s fifth-tier after failing to meet financial requirements and were forced to postpone their first three league games of the season.
The news means the club can now start their season at home to Altrincham on Saturday, providing the necessary paperwork is completed in time.
“I would urge all fans of the club to now focus their energy into supporting the club as it enters the next chapter of its story,” Bond Group Investments – former owner Jason Whittingham’s group which sold its majority share in the club – said in a statement.
The transfer embargoes that Morecambe are under will remain however until “all football creditors, including players, staff and HMRC have been paid and payments due under the Sale and Purchase agreement have been satisfied,” the National League said.
Morecambe were relegated from League Two last season amid their financial difficulties and spent two seasons in League One between 2021 and 2023.
The club said in a statement announcing the takeover at the weekend:
“Panjab Warriors and Bond Group Investments Ltd are pleased to announce that an agreement has been reached in principle for the transfer of majority shareholding in Morecambe Football Club Ltd.
Following constructive discussions and a shared commitment to securing the future of the club, both parties have agreed to a structured settlement that ensures a smooth and fair transition.
“This agreement reflects the willingness of both sides to compromise in the best interests of Morecambe FC, its supporters, and the wider community. It paves the way for continued stability and a positive future both on and off the pitch.
“Final legal documentation will now be prepared, with immediate steps being taken to inform key stakeholders, including the National League and the club’s management team.
“Both Panjab Warriors and Bond Group would like to thank all parties involved for their patience and support during this process, and we look forward to a new chapter in the club’s history.”
Bond Group Investments added: “We would like to thank all of the staff at the Club for their forbearance and can only apologise for the stress this has caused. In particular I would like to thank Rob, Derek, Oliver and Martin for their continued professional conduct and support throughout this process and also their support for the staff and the Community.
“I would hope that the Shrimps Fans can now give their full support to the Club and it’s journey ahead.”