Terms have been agreed on the protracted takeover of Morecambe by Panjab Warriors, current Shrimps owner Jason Whittingham has said.
A turbulent week at the National League side saw the board threaten to place Morecambe into administration if Whittingham did not complete the sale of the club on Tuesday.
Whittingham subsequently sought to remove the board the following day.
However, the deal between Whittingham's Bond Group Investments and Panjab Warriors has now been made and is set to be formally completed on Monday, 7 July.
The Shrimps were relegated from League Two last season after 17 years in the English Football League.