'We will play a key role in football's future' - football oversight chief David Kogan
Sheffield Wednesday's ongoing struggles are seen as a "major concern" and the new football authority is seeking powers to investigate clubs in such situations, its new chair the official has stated.
Through a comprehensive talk, Kogan, who was appointed on Monday, expressed "sympathy" towards the club's followers.
Kogan met with four fan organizations associated with the football team in recent days.
The Championship side have been struggling on and off the field in the current year, with the club delaying salary disbursements on multiple instances, including in the autumn.
"Obviously the club has become a serious issue for football authorities and a major challenge for the sport," the chairman stated.
"Wednesday stands as one of the great brands for the English game and in recent days we have met fan representatives.
"Our aim is to acquire the ability... which will allow us to have Sheffield Wednesday - and other clubs brought to our attention if they require examination and addressed."
Financial Struggles and Proprietorship Status
The team's struggling chairman the Thai businessman suggested earlier this year he would be prepared to relinquish control at their home ground, but he has not been able to secure a deal with interested parties.
Delayed salary payments on time in spring months caused limitations by the league officials in mid-year, stopping Wednesday from completing any transfers or loans for the following recruitment periods, although the ban was rescinded in late summer.
Authority's Position
The regulator explained: "The job [of the regulator] is there for the fans of Sheffield Wednesday, other clubs in similar situations where fans are dedicated to a regional establishment that has been part of their lives in numerous instances.
"I fully appreciate 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 fans themselves."
When asked if the regulator could force an owner to sell a club if they are deemed unsuitable, Kogan said: "If your question is 'would we intervene in the final instance?', the answer is once we assemble the facts and comprehend the circumstances, we will."
But Kogan stressed that forcing owners to sell clubs would be viewed as the ultimate measure and the regulator would prefer to work with them.
"The final option we would consider is begin intervening in an particular organization, an specific proprietor, without being in a position to cooperate with that proprietor to address the problems affecting the organization and the proprietor's dealing with," the chairman stated.
"However, realistically, when you examine the past of football, over the past few decades there have been some owners, a small minority, but particular people who have shown negligence in the manner they have operated their organizations and finally decline to assume obligation for the future."
Sheffield Wednesday supporters have been demonstrating against the team's chairman in recent months
'Mistakes could erase significant advances'
The regulator engaged delegates from multiple organizations to detail the scope of the authority recently and insisted it was a "proactive meeting" with a "significant participation" from the lower divisions to the top flight.
"It's a job that's actually really important, because if we get it wrong, if the sport makes errors, the extraordinary progress that's been made necessary will vanish incredibly quickly," the chairman stated.
"This represents everyone's worst fear in the realm of domestic football is a huge success story - we need to continue the progress.
"There's an enormous amount of money coming into football and has been channeled for the recent generations, because certainty is lacking it will persist in entering the game, which is one of the reasons why I think we have to take a really clear view on risk and of course, of the coming seasons."
Top Flight Apprehensions
Elite division representatives objected to the formation of an authority because of concerns about detrimental effects on the elite division's competitive balance, but the chairman responded: "I completely endorse the success and growth as an financial organization of the Premier League.
"Being fully aware of the concern of undermining the division as a high-quality offering of England. But concurrently, if you talk to the Premier League after this week's discussion, they would have had a substantial amount of confidence -and, in fact, they have been telling us in private they have a significant confidence."
Ideological Links
Kogan is still facing a "thorough examination" by the Commissioner for Public Appointments after he disclosed making donations to the political party in the past.
The official contributed funds to government minister 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 official body endorsed my nomination," the regulator explained.
"I am presently disconnected from any sort of politics."