'Our role is integral to football's future' - independent football regulator David Kogan
Sheffield Wednesday's current difficulties constitute a "serious issue" and the independent regulator is seeking powers to investigate clubs in such situations, its new chair the regulator has announced.
During an extensive discussion, the chairman, who was recently selected, showed understanding towards supporters of the Owls.
Kogan met with four supporter groups associated with the Championship side this week.
The football club have been facing challenges both on and off the pitch in this season, with the club failing to pay players on time on five separate occasions, including in the autumn.
"Clearly Sheffield Wednesday has been a significant problem for EFL and a substantial concern for English football," the regulator explained.
"Wednesday stands as one of the great brands for the English game and this week we have met fan representatives.
"We're now looking to get powers... which will allow us to have the club and similar situations referred to us if they need to be investigated and addressed."
Monetary Issues and Ownership Situation
Wednesday's embattled owner the current owner indicated in the summer he would be prepared to relinquish control at their home ground, but he has not been able to secure a deal with interested parties.
Failure to pay player wages on time in earlier this year led to sanctions by the English Football League (EFL) in June, 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, Bury or any football club where supporters are loyal to a community organization that has been part of their lives in multiple situations.
"I completely understand the club's situation, as I do for each organization that over recent decades have faced collapse, or approached financial ruin, for causes separate from the followers."
When asked if the oversight body could require an proprietor to divest a club if they are judged inappropriate, the regulator answered: "If your question is 'would we intervene in the final instance?', the answer is once we gather the evidence and know what's going on, we will."
But the regulator clarified that compelling proprietors to divest clubs would be treated as a "last resort" and the authority would rather to collaborate with owners.
"The last thing what we want to do is commence engagement with an particular organization, an specific proprietor, without being able to work with that chairman to fix the challenges confronting the team and the owner's facing," Kogan said.
"However, realistically, when you review the record of the game, over the last 20 or 30 years there have been certain proprietors, not many, but particular people who have shown negligence in the manner they have operated their clubs and ultimately don't wish to take responsibility for the long-term prospects."
Wednesday followers have been demonstrating against owner Dejphon Chansiri this season
'If we get it wrong, extraordinary progress vanishes'
The chairman convened with representatives from 110 clubs to explain the responsibilities of the regulator on Wednesday and insisted it was a "proactive meeting" with a "substantial involvement" from the National League to the Premier League.
"It's a job that's actually really important, because if we get it wrong, if the world of football gets it wrong, the extraordinary progress that's been made necessary will vanish rapidly," Kogan said.
"Such an outcome is universally undesirable in the context of the English game is a major achievement - we must maintain momentum.
"Substantial financial resources 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 adopt a precise perspective on challenges and obviously, of the immediate future."
Elite Division Worries
The Premier League opposed the creation of a regulator because of apprehensions regarding adverse consequences on the elite division's competitive balance, but the chairman responded: "I'm absolutely committed to the prosperity and expansion as an economic entity of the Premier League.
"As someone who appreciates the worry about compromising the Premier League as a premium product of England. But at the same time, if you consult with top flight officials after today's meeting, they would have had a high level of reassurance -and, in fact, they have been telling us in private they have a significant confidence."
Ideological Links
The chairman continues to confront a "full inquiry" by the public appointments commissioner after he revealed he contributed money to the opposition group in the past.
The chairman provided financial support for 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 former ideological connection [with Labour], and that party membership ceased the day the select committee approved my appointment," the chairman stated.
"I am no longer involved in any form of political activity."