'We will play a key role in football's future' - newly appointed regulator David Kogan
Sheffield Wednesday's ongoing struggles represent a a "significant problem" and the new football authority is looking to gain the ability to investigate clubs in such situations, the recently named head the regulator has stated.
In a wide-ranging interview, the chairman, who was appointed on Monday, voiced concern towards the club's followers.
The chairman convened with four supporters' associations representing the football team recently.
The Championship side have been facing challenges both on and off the pitch in this season, with the club missing wage payments on several different times, including in last month.
"Evidently Wednesday represents a significant problem for EFL and a major challenge for the sport," the chairman stated.
"Sheffield Wednesday is one of the great brands for English football and in recent days we have met Sheffield Wednesday supporters' groups.
"We are seeking authority... which will allow us to have Sheffield Wednesday - and other clubs submitted for our review if they warrant scrutiny and dealt with."
Financial Struggles and Proprietorship Status
The team's struggling chairman Dejphon Chansiri suggested earlier this year he would be prepared to relinquish control at their home ground, but he has failed to complete a sale with prospective buyers.
Missed wage deadlines on time in spring months resulted in restrictions being imposed by the football authorities in summer, blocking the team from conducting any transfers or loans for the subsequent signing windows, although those limitations were removed in late summer.
Official's Viewpoint
Kogan said: "The job [of the regulator] is there for the fans of Sheffield Wednesday, other clubs in similar situations where supporters are loyal to a community organization that has represented their community in numerous instances.
"I have absolute sympathy for the club's situation, as I do for each organization that over recent decades have faced collapse, or been close to going to the wall, for causes separate from the followers."
Questioned about whether the regulator could force an proprietor to divest a club if they are deemed unsuitable, Kogan said: "When asking whether 'would we intervene in the final instance?', the reply is once we gather the evidence and know what's going on, we will."
But the chairman emphasized that requiring chairmen to relinquish clubs would be treated as a "last resort" and the regulator would prefer to collaborate with owners.
"Our least desirable course of action is begin intervening in an specific team, an specific proprietor, without having the opportunity to collaborate with that proprietor to address the issues that the club's facing and the proprietor's dealing with," Kogan said.
"However, realistically, when you look back over the history of football, over the past few decades there have been some owners, not many, but certain individuals who have acted carelessly in the approach they have taken toward their teams and eventually don't wish to take responsibility for the long-term prospects."
Wednesday followers have been demonstrating against the current proprietor during the current campaign
'Errors may undo substantial development'
Kogan met with delegates from multiple organizations to explain the responsibilities of the oversight body this week and maintained it represented a "proactive meeting" with a "substantial involvement" from the grassroots to elite level.
"The role holds considerable importance, because if we get it wrong, if the world of football gets it wrong, the extraordinary progress that's been made could disappear incredibly quickly," the regulator warned.
"Such an outcome is universally undesirable in the realm of domestic football is a substantial accomplishment - we need to continue the progress.
"Substantial financial resources coming into football and has come into football for the past two decades, because there are no assurances it will persist in entering the game, which is part of the rationale behind I think we have to maintain a focused outlook on risk and of course, of the next two or three years."
Elite Division Worries
Elite division representatives objected to the establishment of an oversight body because of fears of a negative impact on the top-flight's competitiveness, but Kogan said: "I fully support the prosperity and expansion as an financial organization of the top division.
"Being fully aware of the worry about compromising the Premier League as a premium product of the nation. But concurrently, if you consult with top flight officials after today's meeting, they would have had a significant degree of comfort -and, actually, they have been informing us confidentially they have a considerable comfort."
Partisan Associations
The chairman continues to confront a "thorough examination" by the public appointments commissioner after he disclosed making donations to the political party in the past.
The official provided financial support for government minister the minister's leadership bid, along with that of the now Prime Minister Sir Keir Starmer.
"I have been entirely transparent regarding my past party membership [with Labour], and that ideological connection terminated the day the select committee approved my appointment," the regulator explained.
"I am presently disconnected from any form of political activity."