Morecambe FC owners put club up for sale

The owners of Morecambe FC have announced that the club is up for sale and they are looking to find a buyer with the “right ambition” for its future.

A statement issued by the club, which currently plays in League One of the EFL, said that its owners the Bond Group Investments were preparing it for sale.

The statement also announced that two of its directors, Jason Whittingham and Colin Goldring, were stepping back from their positions on the board.

Bond Group said it would continue to support the club as the majority shareholder until such time as a new owner is found.

The Bond Group statement said: “We are announcing that we will be stepping down from the board of directors at Morecambe Football Club.

“This is being done while we prepare the club for sale and want to ensure that the club is ready for the transition from our time as owners.

“We have absolute trust in the current board of directors to run the club, with Bond Group still supporting the board as majority shareholder. Our attentions have been elsewhere, and the board have more than proven their ability and dedication to the club.”

It added: “We look back with pride at what the club has become in the years of our ownership – it doesn’t feel like four-and-a-half years since when we took over with one game left of the season and the clubs’ future in the EFL uncertain.

“Everyone said we were mad for buying before that decider match, but we’d already bought into the club’s culture and could see the passion that everyone in Morecambe had for the club.

“Now, the club is sustainable in League One, having done a great job of staying up last season with Derek Adams back at the helm. The club is self-funding and is well managed thanks to the great work by the staff and the exceptional support of the fans, who are the lifeblood and beating heart of any club.”

The statement went on: “It is now the right time for us to move on and hand over the club to the next owner, that we know can take the club to the next level.

“Bond Group will continue to own and support the board as the majority shareholder until the club is sold. We aren’t in a rush to sell and will make sure we take the time to find the right buyer with the right ambition for the future of the club.”