'Our role is integral to football's future' - football oversight chief David Kogan
Sheffield Wednesday's ongoing struggles constitute a "major concern" and the new football authority is seeking powers to investigate clubs in comparable cases, the recently named head the official has announced.
In a wide-ranging interview, the regulator, who was named to the position this week, voiced concern towards supporters of the Owls.
Kogan met with four fan organizations connected to the football team recently.
The team have been facing challenges both on and off the pitch in this season, with the club delaying salary disbursements on five separate occasions, including in the autumn.
"Clearly Sheffield Wednesday has been a major concern for the league and a significant problem for football," the chairman stated.
"Sheffield Wednesday is one of the iconic names for English football and recently we have met Sheffield Wednesday supporters' groups.
"We're now looking to get powers... which will allow us to have Sheffield Wednesday - and other clubs brought to our attention if they need to be investigated and addressed."
Economic Challenges and Ownership Situation
The team's struggling chairman Dejphon Chansiri indicated in the summer he would be willing to sell up at their home ground, but he has been unable to finalize an agreement with prospective buyers.
Missed wage deadlines on time in spring months led to sanctions by the football authorities in June, preventing the club from carrying out any transfers or loans for the following recruitment periods, although the ban was rescinded in August.
Authority's Position
Kogan said: "The job [of the regulator] is there for the Owls followers, other clubs in similar situations where people are committed to a regional establishment that has existed throughout their lifetimes in multiple situations.
"I have absolute sympathy for the club's situation, as I do for all the clubs that in modern times have encountered failure, or approached financial ruin, for causes separate from the fans themselves."
When asked if the oversight body could require an owner to sell a club if they are considered unfit, the regulator answered: "When asking whether 'would we intervene in the final instance?', the answer is once we gather the evidence and know what's going on, we will."
But the chairman emphasized that forcing owners to sell clubs would be considered the final option and the oversight body would choose to work with them.
"The final option we would consider is commence engagement with an specific team, an specific proprietor, without having the opportunity to collaborate with that owner to try and resolve the problems affecting the organization and the proprietor's dealing with," the regulator explained.
"However, realistically, when you examine the past of the game, over the recent generations there have been particular chairmen, not many, but some who have been irresponsible in the manner they have operated their organizations and finally don't wish to take responsibility for the future."
Owls fans have been protesting against owner Dejphon Chansiri during the current campaign
'Errors may undo substantial development'
Kogan met with representatives from 110 clubs to detail the scope of the oversight body this week and maintained it represented a "forward-thinking discussion" with a "high level of engagement" from the lower divisions to the top flight.
"The role holds considerable importance, because if we get it wrong, if the football community fails, the remarkable development accomplished could disappear incredibly quickly," Kogan said.
"This represents everyone's worst fear in the terms of English football is a substantial accomplishment - we must maintain momentum.
"There's an enormous amount of money 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 adopt a precise perspective on risk and of course, of the next two or three years."
Elite Division Worries
The Premier League opposed the establishment of an oversight body because of fears of a negative impact on the top-flight's competitiveness, but the regulator stated: "I'm absolutely committed to the prosperity and expansion as an economic entity of the top division.
"I of all people understand the apprehension regarding damaging the top flight as an elite competition of England. But at the same time, if you consult with top flight officials after the recent gathering, they would have had a substantial amount of confidence -and, actually, they have been advising us privately they have a high level of reassurance."
Partisan Associations
The chairman continues to confront a "full inquiry" by the official appointments authority after he disclosed making donations to the opposition group in 2020.
The chairman provided financial support for government minister the politician's campaign, along with that of the government leader.
"I have been entirely transparent regarding my previous political affiliation [with Labour], and that ideological connection terminated the day the parliamentary committee confirmed my selection," the chairman stated.
"I am presently disconnected from any sort of politics."