Everton FC Shareholders Association have called for action from the club's owners.

There is significant news that prospective buyers 777 Partners are in serious financial danger.

Several companies and football clubs owned by 777 Partners are in financial trouble.

Companies are unable to pay employees and loan installments are not being paid either.

Releasing a statement regarding the change of ownership process, the EFCSA said: “We are the oldest Shareholders' Association in the world and are dismayed by the lack of respect being shown to our football club by the largest shareholder Farhad Moshiri, and the Premier League during what seems a never-ending change of ownership process.

"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.

“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 fanbase and football as a whole by continuing to allow this farce to continue.

“We demand a decision, and we demand it now."