Just because the FL is taking ages over it is not evidence of diligence, or it is circumstantial evidence at best.
I find the fit and proper person test a waste of time. With fuck all in the way of financial controls, as soon as someone is in charge of a club they have free reign to go on a spending spree, rack up massive debts and then let it all turn to shit.
What's the point of taking a month checking out new owners, when they allow things like the Portsmouth fiasco to pass without even a comment. How about a fit and proper test of administrators and banning them from being involved in football clubs when they fuck up?