'We are going to be a part of football's future' - newly appointed regulator the new chairman
Sheffield Wednesday's current difficulties represent a a "significant problem" and the football regulator is seeking powers to look into club affairs in similar circumstances, the recently named head David Kogan has declared.
During an extensive discussion, Kogan, who was appointed on Monday, voiced concern towards supporters of the Owls.
Kogan met with four fan organizations connected to the Championship side this week.
The football club have been struggling on and off the field in this season, with the club missing wage payments on multiple instances, including in last month.
"Obviously the club has become a major concern for the league and a major challenge for the sport," the regulator explained.
"The club represents one of the historic institutions for English football and this week we have met supporters' organizations.
"We're now looking to get powers... which will enable us to take Wednesday and comparable cases referred to us if they warrant scrutiny and addressed."
Financial Struggles and Proprietorship Status
The team's struggling chairman Dejphon Chansiri suggested earlier this year he would be prepared to relinquish control at Hillsborough, but he has not been able to secure a deal with prospective buyers.
Failure to pay player wages on time in earlier this year caused limitations by the English Football League (EFL) in June, preventing the club from carrying out any player acquisitions for the subsequent signing windows, although the ban was rescinded in late summer.
Authority's Position
Kogan said: "The job [of the regulator] is there for the supporters of Wednesday, Bury or any football club where fans are dedicated to a regional establishment that has existed throughout their lifetimes in many cases.
"I completely understand the team's plight, as I do for all the clubs that over recent decades have faced collapse, or been close to going to the wall, for causes separate from the followers."
When asked if the oversight body could require an chairman to relinquish a club if they are considered unfit, the chairman responded: "When asking whether 'would we intervene in the final instance?', the reply is once we collect the information and understand the situation, we will."
But Kogan stressed that compelling proprietors to divest clubs would be viewed as the ultimate measure and the authority would rather to work with them.
"The final option we would consider is commence engagement with an individual club, an particular chairman, without having the opportunity to collaborate with that chairman to fix the problems affecting the organization and the chairman's encountering," Kogan said.
"However, realistically, when you look back over the history of football, over the past few decades there have been certain proprietors, not many, but particular people who have shown negligence in the manner they have operated their teams and eventually don't wish to take responsibility for the coming years."
Sheffield Wednesday supporters have been voicing opposition to the current proprietor in recent months
'Mistakes could erase significant advances'
The chairman convened with representatives from 110 clubs to detail the scope of the authority recently and stated it constituted a "forward-thinking discussion" with a "substantial involvement" from the National League to the Premier League.
"The role holds considerable importance, because if we get it wrong, if the football community fails, the significant advances achieved necessary will vanish incredibly quickly," the regulator warned.
"And that's what nobody wants in the context of the English game is a huge success story - we need to continue the progress.
"Considerable investment coming into football and has come into football for the past two decades, because certainty is lacking it will keep flowing into the sport, which is among the factors explaining I think we have to take a really clear view on potential dangers and naturally, of the coming seasons."
Premier League Concerns
The Premier League opposed the establishment of an oversight body because of apprehensions regarding adverse consequences on the top-flight's competitiveness, but Kogan said: "I completely endorse the achievement and development as an economic entity of the Premier League.
"Being fully aware of the concern of undermining the top flight as an elite competition of the nation. But simultaneously, if you consult with top flight officials after this week's discussion, they would have had a high level of reassurance -and, actually, they have been telling us in private they have a significant confidence."
Partisan Associations
Kogan is still facing a "comprehensive investigation" by the official appointments authority after he acknowledged providing funds to the opposition group in the past.
The official contributed funds to 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 party membership ceased the day the official body endorsed my nomination," Kogan said.
"I am no longer involved in any type of partisan engagement."