Morecambe proprietor Bond Group Investments has put the League One membership up on the market, with Jason Whittingham and Colin Goldring stepping down from the board.
Whittingham and Goldring additionally personal financially troubled Premiership rugby union facet Worcester Warriors.
Warriors have been served a winding-up petition by HM Income & Customs over an unpaid tax invoice of round £6m.
London-based funding group Bond Group took over Morecambe in Could 2018 after G50 Holdings bought its shares.
Amid hypothesis over the Warriors’ monetary place, Morecambe issued an announcement final week saying that the funds of the 2 golf equipment have been separate.
In an announcement on Morecambe’s web site, Whittingham and Goldring mentioned “our attentions have been elsewhere”.
Regardless of assurances that Warriors gamers could be paid amid a pledge to pay 65% of August’s wages, BBC Hereford & Worcester have been instructed they haven’t been paid.
“Bond Group will proceed to personal and assist the board as the bulk shareholder till the membership is bought. We aren’t in a rush to promote and can make sure that we take the time to search out the appropriate purchaser with the appropriate ambition for the way forward for the membership,” Friday’s assertion mentioned.
Having taken over Morecambe simply days earlier than the ultimate day of the 2017-18 League Two season, which might have seen the membership drop out of the English Soccer League, Bond Group have been in management throughout an upturn within the membership’s fortunes ever since.
In 2021, beneath Derek Adams, the membership received promotion to League One for the primary time of their historical past as they beat Newport County at Wembley within the League Two play-off ultimate.
After a brief stint at Bradford Metropolis, Adams returned to Morecambe and led them to security within the third tier as they prevented a right away return to League Two final season.