Morecambe to pay outstanding wages after takeover

Morecambe have claimed that Morecambe has received funds from Panjab Warriors, their new owners, to pay owed wages and pay off their football creditors.

Following a turbulent summer during which Morecambe was suspended from the National League, Panjab Warriors completed their acquisition of the team on Sunday.

The club claimed that funds were also provided to pay all taxes to His Majesty’s Revenue and Customs (HMRC) in a statement on Monday.

By Wednesday, the club had promised to pay off its employees, liabilities, and football creditors.

Although Panjab Warriors’ original goal was to challenge for English Football League (EFL) promotion, “the events and circumstances of the past couple of months” would make it difficult to do so this season.

After receiving a three-game suspension from the National League, the Shrimps were forced to postpone their opening three games. However, the league approved the deal, which gave them the go-ahead to begin the season against Altrincham on Saturday.

The club claimed that the transfer embargo would be lifted once those outstanding debts were settled, and that it had been set to continue until all football creditors, including players, staff, and HMRC, were paid.

The deal comes almost three years after Jason Whittingham’s ownership of Morecambe was terminated after his appointment as CEO in May 2018.