'Our role is integral to football's future' - newly appointed regulator David Kogan
Sheffield Wednesday's persistent issues represent a a "serious issue" and the new football authority is looking to gain the ability to look into club affairs in similar circumstances, the recently named head the official has announced.
During an extensive discussion, Kogan, who was named to the position this week, showed understanding towards supporters of the Owls.
Kogan met with four supporters' associations connected to the Championship side recently.
The Championship side have been experiencing difficulties in multiple areas in the current year, with the club failing to pay players on time on five separate occasions, including in last month.
"Obviously the club has become a serious issue for football authorities and a major challenge for the sport," the regulator explained.
"Sheffield Wednesday is one of the historic institutions for English football and in recent days we have met Sheffield Wednesday supporters' groups.
"We're now looking to get powers... which will enable us to take Sheffield Wednesday - and other clubs submitted for our review if they require examination and dealt with."
Financial Struggles and Proprietorship Status
The team's struggling chairman the current owner suggested earlier this year he would be prepared to relinquish control at the stadium, but he has failed to complete a sale with potential new owners.
Missed wage deadlines on time in spring months resulted in restrictions being imposed by the English Football League (EFL) in summer, blocking the team from conducting any transfers or loans for the subsequent signing windows, although that restriction was lifted in the end of the transfer window.
Official's Viewpoint
The regulator explained: "The position was created for the Owls followers, teams facing challenges where supporters are loyal to a local institution that has been part of their lives in many cases.
"I have absolute sympathy for Sheffield Wednesday, as I do for every team that since 1992 have gone to the wall, or been close to going to the wall, for factors unrelated to the supporters."
When asked if the regulator could force an chairman to relinquish a club if they are judged inappropriate, the chairman responded: "If your question is 'would we intervene in the final instance?', the answer is once we assemble the facts and comprehend the circumstances, we will."
But Kogan stressed that requiring chairmen to relinquish clubs would be treated as a "last resort" and the regulator would prefer to work with them.
"The final option we would consider is start getting involved with an specific team, an specific proprietor, without being in a position to cooperate with that chairman to fix the issues that the club's facing and the proprietor's dealing with," the regulator explained.
"However, realistically, when you review the record of football, over the last 20 or 30 years there have been some owners, few in number, but particular people who have shown negligence in the approach they have taken toward their clubs and ultimately don't wish to take responsibility for the long-term prospects."
Wednesday followers have been protesting against the team's chairman this season
'If we get it wrong, extraordinary progress vanishes'
The chairman convened with representatives from 110 clubs to lay out the remit of the authority recently and stated it constituted a "forward-thinking discussion" with a "significant participation" from the grassroots to elite level.
"It's a job that's actually really important, because if we get it wrong, if the sport makes errors, the extraordinary progress that's been made could disappear rapidly," the chairman stated.
"This represents everyone's worst fear in the context of the English game is a substantial accomplishment - we've got to keep it going.
"There's an enormous amount of money flowing into the game and has come into football for the recent generations, because certainty is lacking it will continue to come into football, which is among the factors explaining I think we have to take a really clear view on risk and of course, of the immediate future."
Elite Division Worries
The Premier League opposed the creation of a regulator because of apprehensions regarding adverse consequences on the elite division's competitive balance, but the regulator stated: "I completely endorse the success and growth as an economic entity of the Premier League.
"I of all people understand the worry about compromising the Premier League as a premium product of the nation. But at the same time, if you engage with division representatives after this week's discussion, they would have had a substantial amount of confidence -and, in fact, they have been informing us confidentially they have a considerable comfort."
Ideological Links
The chairman continues to confront a "full inquiry" by the public appointments commissioner after he disclosed making donations to the opposition group in the past.
The chairman donated money to government minister the politician's campaign, along with that of the government leader.
"I have been entirely transparent regarding my former ideological connection [with Labour], and that political affiliation came to an end the day the parliamentary committee confirmed my selection," the chairman stated.
"I currently have no participation in any form of political activity."