'Our role is integral to football's future' - football oversight chief the new chairman
Sheffield Wednesday's persistent issues are seen as a "major concern" and the new football authority is looking to gain the ability to investigate clubs in comparable cases, the newly appointed chairman David Kogan has stated.
In a wide-ranging interview, the regulator, who was recently selected, expressed "sympathy" towards supporters of the Owls.
The regulator engaged with four supporters' associations representing the South Yorkshire club in recent days.
The team have been struggling on and off the field in the current year, with the club delaying salary disbursements on multiple instances, including in the autumn.
"Obviously the club has become a serious issue for football authorities and a major challenge for the sport," Kogan told.
"Sheffield Wednesday is one of the great brands for the English game and recently we have met supporters' organizations.
"We're now looking to get powers... which will allow us to have Sheffield Wednesday - and other clubs referred to us if they need to be investigated and acted upon."
Economic Challenges 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 not been able to secure a deal with interested parties.
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the club from carrying out any recruitment activities for the subsequent signing windows, although the ban was rescinded in the end of the transfer window.
Authority's Position
The regulator explained: "The job [of the regulator] is there for the fans of Sheffield Wednesday, teams facing challenges where supporters are loyal to a community organization that has existed throughout their lifetimes in multiple situations.
"I have absolute sympathy for the team's plight, as I do for every team that over recent decades have faced collapse, or been close to going to the wall, for causes separate from the supporters."
When asked if the regulator could force an chairman to relinquish a club if they are deemed unsuitable, Kogan said: "Should the inquiry concern 'would we intervene in the final instance?', the reply is once we assemble the facts and comprehend the circumstances, we will."
But Kogan stressed that forcing owners to sell clubs would be viewed as the ultimate measure and the oversight body would choose to collaborate with owners.
"The last thing what we want to do is start getting involved with an individual club, an individual owner, without having the opportunity to collaborate with that chairman to fix the problems affecting the organization and the owner's facing," the chairman stated.
"In actuality, when you review the record of football, over the past few decades there have been certain proprietors, a small minority, but particular people who have shown negligence in the way which they've been managing their teams and eventually don't wish to take responsibility for the long-term prospects."
Wednesday followers have been demonstrating against the team's chairman during the current campaign
'Errors may undo substantial development'
Kogan met with delegates from multiple organizations to detail the scope of the authority recently and stated it constituted a "progressive gathering" with a "significant participation" from the grassroots to elite level.
"The role holds considerable importance, because should mistakes occur, if the world of football gets it wrong, the significant advances achieved necessary will vanish incredibly quickly," Kogan said.
"Such an outcome is universally undesirable in the terms of English football is a huge success story - we've got to keep it going.
"Substantial financial resources flowing into the game and has been invested for the recent generations, because there's no guarantee it will continue to come into football, which is part of the rationale behind I think we have to take a really clear view on potential dangers and naturally, of the immediate future."
Top Flight Apprehensions
Top flight officials resisted the establishment of an oversight body because of concerns about detrimental effects on the elite division's competitive balance, but the regulator stated: "I'm absolutely committed to the prosperity and expansion as an financial organization of the top division.
"As someone who appreciates the concern of undermining the division as a high-quality offering of this country. But at the same time, if you engage with division representatives after this week's discussion, they would have had a high level of reassurance -and, in fact, they have been telling us in private they have a considerable comfort."
Partisan Associations
The chairman continues to confront a "comprehensive investigation" by the public appointments commissioner after he acknowledged providing funds to the opposition group in recent years.
The 68-year-old provided financial support for government minister the minister's leadership bid, along with that of the current Prime Minister.
"I have been entirely transparent regarding my former ideological connection [with Labour], and that party membership ceased the day the select committee approved my appointment," Kogan said.
"I currently have no participation in any sort of politics."