Morecambe has been hit with a winding-up petition by HM Revenue & Customs, but the club has agreed a rescue deal with Panjab Warriors.

The winding-up petition was lodged on Thursday over an unpaid tax bill.

What happened?

Morecambe owners Bond Group and prospective buyers Panjab Warriors announced a takeover deal for the financially stricken club.

A statement on their official website read: “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.

Why it matters for Morecambe

The 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.

StatValue
Unpaid tax billNot disclosed
Takeover dealAgreed in principle

What comes next?

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.

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.

Morecambe captain Yann Songo’o explains that the situation has brought the club together.

The players have kept in touch via a first-team WhatsApp group and have been pinging each other messages of support.