Farhad Moshiri has been urged to end the ‘farce’ of the Everton takeover saga.
Moshiri agreed a deal to sell his 94.1% stake to 777 Partners last September but the group are yet to receive Premier League approval over eight months on.
The Miami-based investors have failed to meet several conditions which would earn them ratification from the top-flight body, including repaying a £158M stadium loan.
Fresh doubts emerged over 777’s ability to provide sustained funding to the Blues last weekend as accusations of fraud were filed with a New York district court.
With no sign of an imminent resolution, the Everton Shareholders’ Association have implored Moshiri to bring the process to a halt, citing ‘a lack of respect’ to the club.
“We have observed with concern and frustration as it became increasingly clear that a fit-for-purpose process cannot possibly take this long as the Premier League continues to demonstrate their inability to regulate,” read a statement.
“In the absence of the Premier League making a timely decision we insist that the Everton board and Farhad Moshiri in particular, stop this damaging process now and recognise that 777 Partners are not at this time fit-and-proper prospective owners of Everton Football Club.
“The powers-that-be are being disrespectful to our fellow shareholders, our fantastic worldwide fan-base and football as a whole by continuing to allow this farce to continue.
“We demand a decision, and we demand it now.”