'Our role is integral to football's future' - newly appointed regulator David Kogan
Sheffield Wednesday's ongoing struggles represent a a "significant problem" and the football regulator is looking to gain the ability to investigate clubs in such situations, its new chair the official has declared.
In a wide-ranging interview, the chairman, who was appointed on Monday, showed understanding towards supporters of the Owls.
The regulator engaged with four supporter groups associated with the South Yorkshire club recently.
The Championship side have been facing challenges both on and off the pitch in this season, with the club delaying salary disbursements on several different times, including in last month.
"Obviously the club has become a significant problem for EFL and a substantial concern for English football," the regulator explained.
"Wednesday stands as one of the iconic names for football in England and in recent days we have met supporters' organizations.
"We're now looking to get powers... which will permit us to bring the club and similar situations brought to our attention if they warrant scrutiny and addressed."
Monetary Issues and Proprietorship Status
The team's struggling chairman the Thai businessman stated during the off-season he would be willing to sell up at their home ground, but he has failed to complete a sale with potential new owners.
Missed wage deadlines on time in March and May caused limitations by the football authorities in summer, preventing the club from carrying out any transfers or loans for the next three transfer windows, although that restriction was lifted in late summer.
Regulator's Perspective
Kogan said: "The job [of the regulator] is there for the fans of Sheffield Wednesday, teams facing challenges where fans are dedicated to a local institution that has existed throughout their lifetimes in multiple situations.
"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 fans themselves."
Inquired if the authority might compel an owner to sell a club if they are considered unfit, Kogan said: "When asking whether 'would we intervene in the final instance?', the reply is once we assemble the facts and understand the situation, we will."
But Kogan stressed that forcing owners to sell clubs would be considered the final option and the oversight body would choose to cooperate with proprietors.
"The final option we would consider is commence engagement with an individual club, an specific proprietor, without having the opportunity to collaborate with that owner to try and resolve the problems affecting the organization and the owner's facing," Kogan said.
"But the truth is, when you examine the past of the sport, over the last 20 or 30 years there have been particular chairmen, not many, but particular people who have shown negligence in the approach they have taken toward their teams and eventually decline to assume obligation for the long-term prospects."
Sheffield Wednesday supporters have been demonstrating against the current proprietor during the current campaign
'Mistakes could erase significant advances'
The chairman convened with representatives from 110 clubs to detail the scope of the oversight body this week and insisted it was a "progressive gathering" with a "substantial involvement" from the grassroots to elite level.
"This position carries substantial significance, because if we get it wrong, if the sport makes errors, the significant advances achieved might evaporate rapidly," Kogan said.
"This represents everyone's worst fear in the terms of English football is a huge success story - we must maintain momentum.
"Substantial financial resources coming into football and has come into football for the past two decades, because there are no assurances it will continue to come into football, which is one of the reasons why I think we have to take a really clear view on potential dangers and naturally, of the coming seasons."
Top Flight Apprehensions
The Premier League opposed the formation of an authority because of concerns about detrimental effects on the top-flight's competitiveness, but the regulator stated: "I'm absolutely committed to the success and growth as an economic entity of the top division.
"I of all people understand the apprehension regarding damaging the Premier League as a premium product of this country. But at the same time, if you talk to the Premier League after the recent gathering, 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 regulator remains subject to a "full inquiry" by the public appointments commissioner after he disclosed making donations to the opposition group in recent years.
The official provided financial support for Secretary of State for Culture, Media and Sport Lisa Nandy's leadership campaign, along with that of the current Prime Minister.
"I've been completely open about my former ideological connection [with Labour], and that party membership ceased the day the official body endorsed my nomination," the chairman stated.
"I am no longer involved in any form of political activity."