‘Club is officially shut.. there's £0 in bank' – Iconic ex-EFL team set to fold after 105yrs as shock statement released
The club's dire situation has been laid bare
MORECAMBE are on the brink of going out of business.
As it stands, the National League club will cease to operate as of Monday.
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A joint-statement from the club's minority shareholders and prospective buyers Panjab Warriors has lifted the lid on the extent of the club's crisis.
Morecambe's academy ceased operations today.
And as it currently stands, the 105-year-old outfit will follow suit on Monday.
Panjab Warriors have been trying to buy the Shrimps from Jason Whittingham's Bond Group for more than a year.
Today's press release concluded: "Without an agreement today: The Club will rapidly disintegrate. Staff and players are leaving - soon there will be nothing left to sell.
"Jason Whittingham your legacy is in your hands.
"You will be remembered in Morecambe not for your intentions, but for the outcome of today. Do the right thing, stop the suffering."
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