2005 M50 fuel pump

I bought an 2005 M50 fairly recently as a project to try my hand at customizing a motorcycle. This is my first motorcycle so everything I have done so far has been a new process for me. So far, Ive been able to replace both the front and rear fenders, seat pan and seat, re-wire the tail lights and brake lights, the headlight and front signals are still a work in progress, drained and replaced all of the fluids (Motor oil, coolant, brake fluid, and drive shaft oil), replaced the clutch rings and put a new (original new) fuel tank and replaced the battery.

I have secured the tank to the bike and I put a gallon of ethanol free fuel in the tank to get it back to life. When I put the key in the ignition and turn it to on, all is good. I have power to the brake/tail lights and signals, speedo light turns on and the digital readout displays fine. I then use the switch on the handlebars to turn the bike on and the fuel pump makes a clicking noise (as opposed to the humming noise it should normally make). Also as soon as I press the ignition switch the bike makes a loud click, but nothing happens but the power to the bike remains on.

Is there something I can start to diagnose this problem? Do I need to drain the fuel and check the pump? Do I need to check the fuses? Any ideas why the loud click with the ignition?

Thanks for you help in advance, as this all new to me!