'We will play a key role in football's future' - football oversight chief David Kogan
Sheffield Wednesday's persistent issues are seen as a "serious issue" and the new football authority is seeking powers to look into club affairs in similar circumstances, the recently named head David Kogan has declared.
During an extensive discussion, the regulator, who was recently selected, voiced concern towards the club's followers.
Kogan met with four supporters' associations connected to the football team recently.
The Championship side have been struggling on and off the field in this season, with the club failing to pay players on time on five separate occasions, including in September.
"Evidently Wednesday represents 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 the English game and this week we have met fan representatives.
"We're now looking to get powers... which will enable us to take Sheffield Wednesday - and other clubs submitted for our review if they warrant scrutiny and dealt with."
Financial Struggles and Leadership Concerns
The team's struggling chairman the Thai businessman suggested earlier this year he would be willing to sell up at Hillsborough, but he has failed to complete a sale with prospective buyers.
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 subsequent signing windows, although that restriction was lifted in late summer.
Regulator's Perspective
The chairman stated: "The job [of the regulator] is there for the supporters of Wednesday, teams facing challenges where supporters are loyal to a regional establishment that has existed throughout their lifetimes in many cases.
"I have absolute sympathy for Sheffield Wednesday, as I do for each organization that in modern times have encountered failure, or nearly ceased operations, for reasons that have nothing to do with the supporters."
Inquired if the regulator could force an proprietor to divest a club if they are considered unfit, the chairman responded: "If your question is 'would we intervene in the final instance?', the answer is once we collect the information and understand the situation, we will."
But the regulator clarified that compelling proprietors to divest clubs would be considered the final option and the oversight body would choose to collaborate with owners.
"Our least desirable course of action is start getting involved with an individual club, an specific proprietor, without being able to work with that chairman to fix the issues that the club's facing and the chairman's encountering," the regulator explained.
"In actuality, when you examine the past of football, over the last 20 or 30 years there have been some owners, a small minority, but particular people who have shown negligence in the way which they've been managing their organizations and finally decline to assume obligation for the future."
Wednesday followers have been protesting against owner Dejphon Chansiri during the current campaign
'If we get it wrong, extraordinary progress vanishes'
The chairman convened with officials from numerous teams to explain the responsibilities of the oversight body this week and insisted it was a "progressive gathering" with a "significant participation" from the National League to the Premier League.
"This position carries substantial significance, because if errors are made, if the world of football gets it wrong, the significant advances achieved might evaporate rapidly," Kogan said.
"This represents everyone's worst fear in the realm of domestic football is a major achievement - we've got to keep it going.
"Substantial financial resources entering the sport and has been channeled for the past two decades, because there's no guarantee it will keep flowing into the sport, which is one of the reasons why I think we have to take a really clear view on potential dangers and naturally, of the immediate future."
Elite Division Worries
Top flight officials resisted the formation of an authority because of concerns about detrimental effects on the Premier League's sporting equality, but the regulator stated: "I fully support the prosperity and expansion as an economic entity of the top division.
"Being fully aware of the apprehension regarding damaging the top flight as an elite competition of England. But simultaneously, if you talk to the Premier League after this week's discussion, they would have had a significant degree of comfort -and, in fact, they have been telling us in private they have a significant confidence."
Ideological Links
The regulator remains subject to a "full inquiry" by the official appointments authority after he acknowledged providing funds to the political party in the past.
The chairman donated money to Secretary of State for Culture, Media and Sport Lisa Nandy's leadership campaign, along with that of the now Prime Minister Sir Keir Starmer.
"I have fully disclosed my previous political affiliation [with Labour], and that party membership ceased the day the select committee approved my appointment," the chairman stated.
"I am presently disconnected from any sort of politics."