'Our role is integral to football's future' - newly appointed regulator David Kogan
Sheffield Wednesday's persistent issues are seen as a "major concern" and the football regulator is looking to gain the ability to look into club affairs in similar circumstances, the newly appointed chairman David Kogan has announced.
In a wide-ranging interview, Kogan, who was appointed on Monday, voiced concern towards Wednesday's fanbase.
The chairman convened with four supporters' associations representing the football team in recent days.
The football club have been experiencing difficulties in multiple areas in this season, with the club failing to pay players on time on several different times, including in the autumn.
"Clearly Sheffield Wednesday has been a major concern for the league and a major challenge for the sport," the regulator explained.
"Sheffield Wednesday is one of the iconic names for English football and recently we have met fan representatives.
"Our aim is to acquire the ability... which will allow us to have Wednesday and comparable cases brought to our attention if they require examination and dealt with."
Financial Struggles and Proprietorship Status
The club's controversial proprietor Dejphon Chansiri suggested earlier this year he would be prepared to relinquish control at the stadium, but he has been unable to finalize an agreement with interested parties.
Delayed salary payments on time in spring months led to sanctions by the league officials in summer, stopping Wednesday from completing any player acquisitions for the next three transfer windows, although those limitations were removed in late summer.
Regulator's Perspective
The chairman stated: "The position was created for the Owls followers, other clubs in similar situations where people are committed to a local institution that has existed throughout their lifetimes in numerous instances.
"I completely understand the team's plight, as I do for all the clubs that over recent decades have faced collapse, or nearly ceased operations, for factors unrelated to the fans themselves."
When asked if the regulator could force an owner to sell a club if they are considered unfit, the regulator answered: "Should the inquiry concern 'would we intervene in the final instance?', the reply is once we gather the evidence and understand the situation, we will."
But the regulator clarified that forcing owners to sell clubs would be viewed as the ultimate measure and the oversight body would choose to cooperate with proprietors.
"The final option we would consider is start getting involved with an particular organization, an particular chairman, without being in a position to cooperate with that proprietor to address the problems affecting the organization and the owner's facing," the regulator explained.
"But the truth is, when you review the record of football, over the last 20 or 30 years there have been certain proprietors, few in number, but some who have been irresponsible in the manner they have operated their teams and eventually decline to assume obligation for the future."
Owls fans have been demonstrating against the current proprietor during the current campaign
'If we get it wrong, extraordinary progress vanishes'
Kogan met with delegates from multiple organizations to explain the responsibilities of the authority recently and insisted it was a "forward-thinking discussion" with a "substantial involvement" from the lower divisions to the top flight.
"This position carries substantial significance, because if we get it wrong, if the football community fails, the remarkable development accomplished necessary will vanish incredibly quickly," the regulator warned.
"This represents everyone's worst fear in the realm of domestic football is a huge success story - we must maintain momentum.
"There's an enormous amount of money entering the sport and has come into football for the recent generations, because there's no guarantee it will persist in entering the game, which is one of the reasons why I think we have to take a really clear view on potential dangers and naturally, of the next two or three years."
Top Flight Apprehensions
The Premier League opposed the formation of an authority because of apprehensions regarding adverse consequences on the elite division's competitive balance, but the regulator stated: "I fully support the prosperity and expansion as an economic entity of the top division.
"I of all people understand the apprehension regarding damaging the division as a high-quality offering of the nation. But simultaneously, if you engage with division representatives after today's meeting, they would have had a substantial amount of confidence -and, indeed, they have been telling us in private they have a high level of reassurance."
Political Connections
Kogan is still facing a "full inquiry" by the public appointments commissioner after he acknowledged providing funds to the political party in the past.
The official provided financial support for Culture Secretary Lisa Nandy's leadership campaign, along with that of the current Prime Minister.
"I've been completely open about my past party membership [with Labour], and that party membership ceased the day the parliamentary committee confirmed my selection," Kogan said.
"I am presently disconnected from any form of political activity."