'Our role is integral to football's future' - newly appointed regulator David Kogan
Sheffield Wednesday's current difficulties represent a a "serious issue" and the new football authority is aiming to acquire authority to examine team situations in such situations, the recently named head the regulator has declared.
In a wide-ranging interview, Kogan, who was appointed on Monday, showed understanding towards the club's followers.
The regulator engaged with four fan organizations representing the Championship side in recent days.
The Championship side have been struggling on and off the field in this season, with the club delaying salary disbursements on several different times, including in the autumn.
"Obviously the club has become a serious issue for football authorities and a substantial concern for English football," the regulator explained.
"The club represents one of the great brands for football in England and this week we have met fan representatives.
"We are seeking authority... which will enable us to take Sheffield Wednesday - and other clubs referred to us if they warrant scrutiny and addressed."
Monetary Issues and Proprietorship Status
The team's struggling chairman the Thai businessman suggested earlier this year he would be willing to sell up at their home ground, but he has been unable to finalize an agreement with potential new owners.
Missed wage deadlines on time in spring months caused limitations by the football authorities in summer, blocking the team from conducting any player acquisitions for the next three transfer windows, although that restriction was lifted in late summer.
Regulator's Perspective
Kogan said: "Our role exists to serve the supporters of Wednesday, Bury or any football club where fans are dedicated to a local institution that has existed throughout their lifetimes in many cases.
"I have absolute sympathy for Sheffield Wednesday, as I do for every team that in modern times have encountered failure, or been close to going to the wall, for causes separate from the supporters."
Questioned about whether the oversight body could require an owner to sell a club if they are judged inappropriate, the chairman responded: "Should the inquiry concern 'would we intervene in the final instance?', the response would be once we assemble the facts and understand the situation, we will."
But the chairman emphasized that requiring chairmen to relinquish clubs would be considered the final option and the authority would rather to collaborate with owners.
"Our least desirable course of action is begin intervening in an specific team, an specific proprietor, without being in a position to cooperate with that chairman to fix the challenges confronting the team and the chairman's encountering," the regulator explained.
"But the truth is, when you review the record of football, over the past few decades there have been some owners, few in number, but certain individuals who have acted carelessly in the manner they have operated their organizations and finally don't wish to take responsibility for the coming years."
Sheffield Wednesday supporters have been protesting against owner Dejphon Chansiri this season
'Errors may undo substantial development'
The chairman convened with officials from numerous teams to detail the scope of the regulator on Wednesday and insisted it was a "forward-thinking discussion" with a "high level of engagement" from the lower divisions to the top flight.
"This position carries substantial significance, because if errors are made, if the sport makes errors, the remarkable development accomplished necessary will vanish rapidly," the chairman stated.
"And that's what nobody wants in the realm of domestic football is a huge success story - we need to continue the progress.
"Considerable investment flowing into the game and has come into football for the past two decades, because there are no assurances it will continue to come into football, which is part of the rationale behind I think we have to adopt a precise perspective on potential dangers and naturally, of the next two or three years."
Elite Division Worries
The Premier League opposed the creation of a regulator because of fears of a negative impact on the top-flight's competitiveness, but Kogan said: "I'm absolutely committed to the achievement and development as an commercial operation of the Premier League.
"As someone who appreciates the concern of undermining the Premier League as a premium product of England. But simultaneously, if you consult with top flight officials after today's meeting, they would have had a significant degree of comfort -and, indeed, they have been telling us in private they have a considerable comfort."
Ideological Links
Kogan is still facing a "full inquiry" by the public appointments commissioner after he acknowledged providing funds to the political party in 2020.
The chairman donated money to government minister the minister's leadership bid, along with that of the current Prime Minister.
"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 no longer involved in any form of political activity."