The EFL ownership test for Kuljeet Singh Momi, Morecambe's prospective new owner, remains ongoing, leaving the club in a state of uncertainty.
Fear of what comes next stalks the club with Kuljeet Singh Momi yet to be confirmed as Morecambe 's new owner. Morecambe , relegation battlers, are experiencing a tangled, messy takeover saga entering its third year, causing frustration and anger among their committed fanbase. The Morecambe story has largely played out with little or no national media attention but it deserves more focus.
Ahead of the introduction of an independent regulator for the game, the saga raises big questions about who should own our community football clubs and why fans are still rendered powerless to the whims of unpopular owners. Having first been put up for sale in September 2022 by businessman Jason Whittingham – whose Bond Group Investments owns the club – Morecambe have suffered points deductions, made late monthly wage payments and seen their playing staff gutted. The club’s board, made up of Morecambe-supporting local businessmen and independent of the owner, have frequently clashed with Whittingham and have in the past accused him of putting an unrealistic asking price on the club. Morecambe enter the new year back in a frustrating holding pattern of having a prospective new owner in place who is struggling to make quick progress on the EFL’s owners’ and directors’ tests. This time it is London businessman Kuljeet Singh Momi, who has negotiated the deal through his corporate vehicle Panjab Warriors Sports Limited. Alongside fellow director Harjit Singh, they have agreed a price with Whittingham and have begun the beefed up set of tests that every prospective club owner has to go through before getting final, binding EFL approval. Despite months of work, and committing finance to Morecambe that has been ring-fenced for use to finance January transfer deals to bolster Derek Adams’ struggling squad, a deal is yet to pass. that the owners’ and directors’ test is “ongoing” but it’s understood that a resolution is not imminent and that situation hasn’t moved forward definitively in week
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