Morecambe Football Club is facing significant challenges as they finished 15th in League Two in the 2023-24 season. The situation at the club is dire as they have no manager, no chief executive, and only five first-team players remaining on the books. To make matters worse, they were deducted three points for failing to pay players on time in August of last year.
In an open letter to owner Jason Whittingham, the board of directors at Morecambe has taken drastic action by urging him to sell the club. They believe that if the club is not sold soon, it could lead to a catastrophic outcome. Morecambe is currently under the control of Bond Group Investments, who put the club up for sale in September of 2022.
Despite being on the market for over 20 months, there has been no concrete interest from a potential Middle East-based buyer. In light of this, the board has recommended that the owners consider an offer from a US-based potential buyer, which they believe is the most credible bid received to date.
The directors have also expressed skepticism about assurances from Bond Group Investments to provide future funds to keep the club operational. They have deemed these assurances as meaningless, given the current state of the club’s finances. The board is calling for immediate action to secure the future of Morecambe Football Club and ensure its long-term sustainability.
The situation at Morecambe Football Club is dire and urgent action needs to be taken to secure its future. The board believes that selling the club is necessary and are urging owner Jason Whittingham to take action soon before it’s too late.
The lack of interest from potential Middle East-based buyers has left Morecambe struggling to find a buyer for over 20 months now. However, with an offer from a US-based potential buyer being deemed credible by some members of the board, it may be worth considering this option.
Moreover, with no manager or chief executive currently employed at Morecambe and only five first-team players remaining on their books, it’s clear that significant changes need to be made if they want any chance at survival in League Two.
Finally, with assurances from Bond Group Investments being deemed meaningless due to their current financial state at Morecambe Football Club
