Panjab Warriors have been attempting to buy the club for more than a year and have previously said they have put in significant funding in order to help finance the Shrimps last season.
Culture secretary Lisa Nandy wrote an open letter to Whittingham this summer urging him to sell amid a chaotic off-season, during which a separate bid was made for the club, but a deal has yet to go through.
Her letter came after the club were suspended by the National League for failing to comply with their rules, while Panjab Warriors also said in a joint statement that the club would shut last week if a takeover did not go through.
Morecambe, who were relegated from the English Football League (EFL) last season, were due to face Boston United on Saturday to kick off their 2025-26 National League campaign.
