Morecambe in the mire

[OchPie]

We play them 8th Feb. Things don't sound good at all behind the scenes.

Morecambe Football Club is currently prevented from making further signings in the January transfer window, despite recent cup successes and capital injections, because written assurances from Bond Group that the Club will be funded to the end of the season have not been supported by sufficient proof of source and sufficiency of funding.

The Club must demonstrate it has adequate funds to operate until the end of May, its fiscal year-end. Only once these long-standing cash requirements are met can recruitment be considered. Bond Group had assured the Club that it would meet these requirements and support additional player recruitment in January, but when proof of funding was requested, it failed to provide it.

Bond Group has informed the Club today that it is working on sourcing additional funds, but there is no guarantee that these will land in time to impact the rest of the transfer window.

The Board wishes to place on record that once again the Club has been let down by its owner, undermining the efforts and hard work of the manager, staff, and directors at this critical time.

The Board of Directors is carefully evaluating the situation and will make a further statement in due course.

https://www.morecambefc.com/news/202...lub-statement/

How I don't miss the days of Notts ownership turmoil.

[Boomerangpie]

That is a depressing and worrying read.

Most football fans don?t really care about the profit and loss accounts of their football club???.Until the administrators step in and winding up orders are put to a court

[Jampie]

argh that's horrible. Sympathies to the Morcambe fans, wasn't long since we were in a similar boat.

[slack_pie]

More reasons to feel grateful for our current owners. Long may they reign!

[hissingdwarf]

That’s rough. When we played them earlier, enjoyed the day there and thought it was a tidy little club tbf. They’ve got all the right stuff in place ground wise, just need decent owners. Maybe the big lad next door could step in and take over now he’s retired?

[tommopie8]

Surely Tyson Fury could part with about .1% of his wealth?

[Elite_Pie]

I thought this would be about a picturesque hamlet in the Cotswolds!

[PedroTheFisherman66]

There for the grace of god go us...! Boy do we owe the Brothers so much gratitude ! The way they run this club is a joy to behold..I for one love them...they are just class...!

[PedroTheFisherman66]

I thought this would be about a picturesque hamlet in the Cotswolds!

🤣

[Chicken Balti Pie]

Morecambe have been in trouble for years, I'm shocked they were allowed to start the season to be honest, they are owned by the same people that owned Worcester Warriors Rugby club that went bankrupt a couple of years back. This summer they bought in 15 players in one sitting, mainly fodder to make up the numbers, the fact they're above Carlisle in the league says a lot about both teams to be fair