MORECAMBE are on the brink of going out of business.As it stands, the National League club will cease to operate as of Monday.GettyMorecambe are set to go out of business[/caption]A joint-statement from the club’s minority shareholders and prospective buyers Panjab Warriors has lifted the lid on the extent of the club’s crisis.Morecambe’s academy ceased operations today.And as it currently stands, the 105-year-old outfit will follow suit on Monday.Panjab Warriors have been trying to buy the Shrimps from Jason Whittingham’s Bond Group for more than a year.Today’s press release concluded: “Without an agreement today: The Club will rapidly disintegrate. Staff and players are leaving – soon there will be nothing left to sell.“Jason Whittingham your legacy is in your hands.“You will be remembered in Morecambe not for your intentions, but for the outcome of today. Do the right thing, stop the suffering.”Earlier this week, a statement by Whittingham via Morecambe’s website claimed: “Bond Group had agreed to an offer, made by a Sikh representative of, and on behalf of, the Panjab Warriors, and are ready to sell on that basis.“Despite numerous attempts over the past week to contact Panjab Warriors regarding their offer, and our willingness to complete, we have not heard from them.”But the prospective buyers today countered: “Panjab Warriors are ready and have reached out daily to complete this acquisition.“The fans, the minority shareholders, the community, and your own stakeholders all want the same thing: for this Club to survive.“Sign the Deal. Save the Club. Today.“We implore Jason to sign the deal immediately so that this proud Club can be saved and its 105-year legacy preserved.”THIS IS A DEVELOPING STORY..The Sun is your go to destination for the best football, boxing and MMA news, real-life stories, jaw-dropping pictures and must-see video.Like us on Facebook at https://www.facebook.com/TheSunFootball and follow us from our main Twitter account at @TheSunFootball.