Everton are set to do away with their obligation to hold annual General Meetings with shareholders as they look to engage with more fans on a regular basis.
The Blues intend to amend the club's articles of association to remove the commitment to hold General Meetings once a year.
And while Everton are not ruling them out completely, the club are exploring ways in which they can speak with all supporters - and not just shareholders - more often.
Farhad Moshiri has backed the decision to help create a Fan Advisory Board by the end of the season, as well as their commitment to having supporter representation at board meetings, following meetings with the Everton Stakeholder Steering Group (ESSG).
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He wrote to fans on Friday morning and said: "Indeed, the passion that is always demonstrated very clearly by fans is something I value and understand.
"Fans are the lifeblood of the club and only by working together can we deliver the success we all long for.
"With that in mind, I am fully supportive of the work the board and our CEO are doing in conjunction with key fan groups to put in place a Fan Advisory Board with representation at board level.
"The club is moving forward with its discussions with fan groups to ensure the voice of ALL Evertonians can be heard through a robust structure for the future.
"We will also introduce a series of regular events that will be accessible to all fans, enabling open and clear dialogue with the club’s senior leaders."