Whittingham previously told BBC Radio Lancashire that he “could not wait to get out” of the then-League Two club in an interview in January, with a takeover by Panjab Warriors still to take place.
Since then the club have been relegated from the English Football League, meaning they will play in the National League next season for the first time since 2007.
In a separate statement,, external Panjab Warriors said they had already paid £3.8m to Bond Group alongside a separate payment of £630,000 to clear outstanding loans against the club.
The group claimed they had also loaned a further £1.7m to the club over the past 14 months to “ensure its ongoing survival”.
Tarnia Elsworth, chair of the Shrimps Trust supporters’ group, said the drawn-out takeover process is having an effect on the wider community.
“The fact of the matter is there’s a chap sat in Essex who’s got the power over our community,” she told BBC Radio Lancashire.
“People need him to be able to pay their mortgages, for school trips, to feed their children.
“This comes down to a governance issue that this man should not be allowed to do this to our community.”
