Morecambe say takeover given clearance by EFL

Morecambe ended the 2024-25 League Two season bottom of the table and 13 points adrift of 22nd-placed Newport County

Morecambe have said a takeover by Panjab Warriors has been given clearance to continue by the English Football League.

The club have been up for sale since 2022 with a protracted takeover overshadowing their previous three seasons.

The Shrimps were relegated from the EFL to the National League last term having finished bottom of League Two, amid financial issues challenging the club off the field.

"This is more than a business venture; it's a commitment to the fans, the town, and the future of Morecambe FC," said Gurpreet Singh, head of communications for Panjab Warriors.

"Our aim is to build upon the club's rich heritage, ensuring stability and fostering unity across all parts of the community.

"Panjab Warriors would like to extend their thanks to the club and its Board of Directors for their co-operation in obtaining EFL approval, and also to the EFL for their patience and support in getting to this stage".

Morecambe's board previously said that "positive progress" had been made towards selling the club in an update given in April after their relegation was confirmed.

They will play National League football for the first time since 2007 after a season to forget, which included having to scramble a side together last summer after a transfer embargo was lifted, while transfers were blocked mid-season until funds to see out the season were guaranteed.

Morecambe spent virtually the whole 2024-25 season in the bottom two and four successive defeats at the tail end of the campaign confirmed a second relegation in three seasons.

Shortly after their relegation, boss Derek Adams said the club still did not have a plan for the coming 2025-26 season as their ownership struggles continued.

"In the interests of transparency and until final due diligence and contracts are finalised, we are not in a position to say anything further at this stage," Gurpreet added.

"However, once we are in this position we are looking forward to meeting with supporters and media to update via the appropriate channels."