'Our role is integral to football's future' - newly appointed regulator the new chairman
Sheffield Wednesday's current difficulties are seen as a "major concern" and the independent regulator is looking to gain the ability to examine team situations in comparable cases, its new chair David Kogan has declared.
In a wide-ranging interview, the chairman, who was recently selected, expressed "sympathy" towards supporters of the Owls.
Kogan met with four fan organizations associated with the South Yorkshire club recently.
The Championship side have been facing challenges both on and off the pitch in 2025, with the club missing wage payments on five separate occasions, including in the autumn.
"Clearly Sheffield Wednesday has been a major concern for the league and a substantial concern for English football," the chairman stated.
"Sheffield Wednesday is one of the iconic names for football in England and recently we have met Sheffield Wednesday supporters' groups.
"We are seeking authority... which will enable us to take the club and similar situations referred to us if they warrant scrutiny and dealt with."
Monetary Issues and Leadership Concerns
The team's struggling chairman Dejphon Chansiri indicated in the summer he would be prepared to relinquish control at their home ground, but he has been unable to finalize an agreement with interested parties.
Failure to pay player wages on time in earlier this year led to sanctions by the football authorities in mid-year, stopping Wednesday from completing any transfers or loans for the next three transfer windows, although the ban was rescinded in August.
Regulator's Perspective
The chairman stated: "Our role exists to serve the Owls followers, teams facing challenges where people are committed to a community organization that has represented their community in numerous instances.
"I completely understand the club's situation, as I do for each organization that over recent decades have faced collapse, or been close to going to the wall, for factors unrelated to the followers."
Inquired 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 assemble the facts and know what's going on, we will."
But Kogan stressed that forcing owners to sell clubs would be treated as a "last resort" and the authority would rather to cooperate with proprietors.
"The final option we would consider is begin intervening in an individual club, an specific proprietor, without having the opportunity to collaborate with that owner to try and resolve the challenges confronting the team and the owner's facing," Kogan said.
"In actuality, when you examine the past of the sport, over the past few decades there have been certain proprietors, not many, 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."
Wednesday followers have been protesting against owner Dejphon Chansiri in recent months
'Errors may undo substantial development'
The regulator engaged officials from numerous teams to lay out the remit of the regulator on Wednesday and insisted it was a "proactive meeting" with a "significant participation" from the National League to the Premier League.
"This position carries substantial significance, because if we get it wrong, if the world of football gets it wrong, the remarkable development accomplished necessary will vanish incredibly quickly," Kogan said.
"Such an outcome is universally undesirable in the context of the English game is a major achievement - we need to continue the progress.
"Considerable investment entering the sport and has come into football for the last 20 or 25 years, because there are no assurances it will persist in entering the game, which is one of the reasons why I think we have to adopt a precise perspective on challenges and obviously, of the next two or three years."
Premier League Concerns
The Premier League opposed 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 success and growth as an commercial operation of the top division.
"Being fully aware of the apprehension regarding damaging the top flight as an elite competition of England. But concurrently, if you engage with division representatives after this week's discussion, they would have had a significant degree of comfort -and, indeed, they have been advising us privately they have a high level of reassurance."
Ideological Links
The regulator remains subject to a "thorough examination" by the public appointments commissioner after he revealed he contributed money to the political party in 2020.
The official donated money to 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 ideological connection terminated the day the parliamentary committee confirmed my selection," the chairman stated.
"I am presently disconnected from any type of partisan engagement."