Thr process dragging on isn't good for either party, but the longer it goes on without a verdict, the more worried the club will (or should) be about what the verdict will actually say.
Drafting and agreeing a long (4-500 page) decision after a 12 week fraud trial (which is essentially what this is) is certainly not a short process, especially given that the panel members need to review and agree the drafting between them.
However, the length of time it's now taken is a legitimate matter for concern, in my view.