Morecambe FC: sale of the club 'still possible'
The Bond Group says it is working to avoid administration
It's still unclear whether Morecambe Football club will be sold or put into administration.
It follows a turbulent few days for the club where various statements have been made by the owners and also the Board of Directors.
The former board was sacked yesterday after threatening to push the club into administration - with the Bond Group denying accusations of holding up the sale.
This evening a meeting is due to be held over the potential sale to Panjab.
A new statement has been issued today on behalf of Bond Group, who are the current owners of the Shrimps it says:
"Bond Group remains fully committed to completing a sale of the Club at the earliest possible opportunity. All actions being taken are an effort to protect the club while its sale is completed to avoid the need for administration.
"Work is continuing and we still have reasonable prospects on the sale completing.
"Working Capital, to pay staff and suppliers, remains on top of our agenda to ensure we maintain operations whilst we conclude a sale. We do ask Creditors to continue the incredible forbearance they have shown to date to the club.
"We are doing everything possible to resolve the situation and ask fans, sponsors and the community to continue show as much support as they can for the Club and staff during this incredibly difficult period."
It goes on to say the National League have been consulted and updated on the process.