This is a second joint statement from Panjab Warriors Sports Limited, the minority shareholders represented by Wright & Lord Solicitors, The Shrimps Trust and Lizzi Collinge MP.

Following our first statement yesterday in which it was advised that Panjab Warriors were still willing and able to proceed with the purchase immediately, we can confirm that this has not completed yet.

As each day passes, the debts of the club are mounting, with wages now outstanding at over £316,000, and further significant debts that need to be paid to ensure survival of the Club, which Panjab Warriors have already committed to pay within hours of completion with Bond Group.

In further developments today, the first team have had to stop all football operations as the required insurance which was in place has now lapsed as payment has not been made. As a result of this escalating situation, more first team players have left the Club, with further players set to leave by the end of this week.

Finally, it must be pointed out that this is a desperate time which is affecting all staff at the Club, both financially and their own personal well-being. Many staff have had no option but to resign and seek opportunities elsewhere, whilst others are still hoping that a deal can be completed. We stand together with each and every one of them and appreciate the difficult decisions they are having to take whilst the future of the Club hangs in the balance.

We implore Bond Group to complete the sale of the Club immediately so that this anguish can be ended and the Club can look to a brighter future under Panjab Warriors.