Morecambe: Disputed owner Diego Lemos misses court date as case is dismissed
- Published
Morecambe finished 18th in League Two this season
Diego Lemos' ownership claim to Morecambe FC has been dismissed by a court after failing to pay legal costs.
Lemos purchased a majority stake in G50 Holdings, the company which holds 82% of Morecambe's shares, in September.
He had disputed January's transfer of 99% of G50 shares to tax consultant Graham Burnard, who Lemos had failed to pay for the share issue which saw him take control.
Burnard is acting on behalf of former co-chairman Abdulrahman Al-Hashemi.
Brazilian businessman Lemos had requested an injunction against Burnard and G50 Holdings to prevent a sale of Burnard's shares to Italian businessman Joseph Cala.
In February, Cala said he was still "committed" to his takeover of the League Two side despite Lemos' legal challenge.
A statement from Morecambe confirmed that Burnard is the sole director of the club and said they "can now confidently focus on next season".
- Published3 February 2017
