'We will play a key role in football's future' - newly appointed regulator David Kogan
Sheffield Wednesday's current difficulties represent a a "major concern" and the new football authority is looking to gain the ability to investigate clubs in such situations, its new chair the regulator has announced.
In a wide-ranging interview, the regulator, who was named to the position this week, expressed "sympathy" towards Wednesday's fanbase.
The regulator engaged with four fan organizations associated with the Championship side this week.
The team have been struggling on and off the field in the current year, with the club delaying salary disbursements on several different times, including in the autumn.
"Obviously the club has become a major concern for the league and a major challenge for the sport," the chairman stated.
"Sheffield Wednesday is one of the great brands for English football and this week we have met fan representatives.
"We are seeking authority... which will allow us to have Sheffield Wednesday - and other clubs submitted for our review if they need to be investigated and dealt with."
Financial Struggles and Ownership Situation
Wednesday's embattled owner Dejphon Chansiri stated during the off-season he would be open to selling the club at the stadium, but he has not been able to secure a deal with interested parties.
Delayed salary payments on time in March and May caused limitations by the English Football League (EFL) in summer, blocking the team from conducting any recruitment activities for the following recruitment periods, although those limitations were removed in the end of the transfer window.
Regulator's Perspective
The regulator explained: "The position was created for the supporters of Wednesday, other clubs in similar situations where people are committed to a local institution that has been part of their lives in many cases.
"I completely understand the club's situation, as I do for every team that since 1992 have gone to the wall, or approached financial ruin, for factors unrelated to the supporters."
When asked if the oversight body could require an proprietor to divest a club if they are deemed unsuitable, Kogan said: "Should the inquiry concern 'would we intervene in the final instance?', the response would be once we collect the information and know what's going on, we will."
But Kogan stressed that compelling proprietors to divest clubs would be viewed as the ultimate measure and the oversight body would choose to work with them.
"Our least desirable course of action is commence engagement with an individual club, an specific proprietor, without being able to work with that proprietor to address the issues that the club's facing and the chairman's encountering," the chairman stated.
"But the truth is, when you look back over the history of the game, over the last 20 or 30 years there have been certain proprietors, few in number, but certain individuals who have acted carelessly in the approach they have taken toward their teams and eventually decline to assume obligation for the future."
Sheffield Wednesday supporters have been demonstrating against the team's chairman this season
'Errors may undo substantial development'
The chairman convened with delegates from multiple organizations to lay out the remit of the oversight body this week and maintained it represented a "forward-thinking discussion" with a "significant participation" from the grassroots to elite level.
"The role holds considerable importance, because if we get it wrong, if the sport makes errors, the remarkable development accomplished might evaporate swiftly," the chairman stated.
"This represents everyone's worst fear in the context of the English game is a huge success story - we need to continue the progress.
"Substantial financial resources entering the sport and has been invested for the recent generations, 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 risk and of course, of the next two or three years."
Top Flight Apprehensions
Elite division representatives objected to the formation of an authority because of fears of a negative impact 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 worry about compromising the Premier League as a premium product of this country. But at the same time, if you engage with division representatives 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."
Political Connections
The regulator remains subject to a "thorough examination" by the Commissioner for Public Appointments after he disclosed making donations to the opposition group in the past.
The chairman provided financial support for Culture Secretary the minister's leadership bid, along with that of the government leader.
"I have been entirely transparent regarding my previous political affiliation [with Labour], and that party membership ceased the day the parliamentary committee confirmed my selection," the regulator explained.
"I am presently disconnected from any type of partisan engagement."