Morecambe placed under embargo 'following a disputed payment issue relating to Bond Group Investments'
Morecambe have confirmed that the club is now operating under an embargo imposed by the National League.
The embargo – the Shrimps’ second in less than a year – was made public this week after it was put in place by the league last Friday for reported non-compliance with league financial regulations.
A statement issued by Morecambe on Thursday evening said the matter stems from a disputed payment in relation to Bond Group Investments, who sold the club to Panjab Warriors last summer.
It said: “Morecambe Football Club can confirm that the club has been placed under an embargo by the National League following a disputed payment issue relating to Bond Group Investments.
“The club is aware of the matter and has been in communication with the National League throughout the process. This commercial dispute is currently being handled by Panjab Warriors’ solicitors.
“The club’s position is very clear that no such payments were ever part of the acquisition of Morecambe Football Club, and this can be verified via the final sale and purchase agreement that was agreed to by all parties and supervised by the EFL back in August 2025 on completion of the sale.
“The club can also categorically confirm that all sums outstanding were duly settled prior to Monday 18 August 2025, in accordance with the National League Regulations, after which completion was instigated.
“Morecambe FC remains committed to working with the relevant parties to resolve the issue as quickly as possible and will provide further updates when appropriate.”