'Our role is integral to football's future' - football oversight chief David Kogan
Sheffield Wednesday's ongoing struggles represent a a "major concern" and the football regulator is aiming to acquire authority to look into club affairs in such situations, the newly appointed chairman the regulator has declared.
During an extensive discussion, Kogan, who was appointed on Monday, expressed "sympathy" towards the club's followers.
The chairman convened with four fan organizations connected to the football team this week.
The Championship side have been experiencing difficulties in multiple areas in 2025, with the club missing wage payments on five separate occasions, including in the autumn.
"Clearly Sheffield Wednesday has been a significant problem for EFL and a major challenge for the sport," Kogan told.
"Sheffield Wednesday is one of the great brands for football in England and recently we have met supporters' organizations.
"We are seeking authority... which will allow us to have Sheffield Wednesday - and other clubs referred to us if they need to be investigated and addressed."
Financial Struggles and Ownership Situation
The team's struggling chairman the current owner indicated in the summer he would be prepared to relinquish control at the stadium, but he has not been able to secure a deal with potential new owners.
Delayed salary payments on time in spring months led to sanctions by the English Football League (EFL) in June, preventing the club from carrying out any transfers or loans for the following recruitment periods, although those limitations were removed in the end of the transfer window.
Authority's Position
The chairman stated: "Our role exists to serve the fans of Sheffield Wednesday, teams facing challenges where people are committed to a regional establishment that has represented their community in multiple situations.
"I have absolute sympathy for Sheffield Wednesday, as I do for all the clubs that over recent decades have faced collapse, or nearly ceased operations, for causes separate from the fans themselves."
When asked if the regulator could force an proprietor to divest a club if they are considered unfit, 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 considered the final option and the authority would rather to collaborate with owners.
"The last thing what we want to do is start getting involved with an individual club, an particular chairman, without being in a position to cooperate with that proprietor to address the challenges confronting the team and the proprietor's dealing with," the chairman stated.
"In actuality, when you review the record of the sport, over the last 20 or 30 years there have been some owners, not many, but particular people who have shown negligence in the approach they have taken toward their clubs and ultimately don't wish to take responsibility for the coming years."
Sheffield Wednesday supporters have been demonstrating against owner Dejphon Chansiri in recent months
'Mistakes could erase significant advances'
Kogan met with representatives from 110 clubs to explain the responsibilities of the oversight body this week and stated it constituted a "progressive gathering" with a "significant participation" from the National League to the Premier League.
"It's a job that's actually really important, because should mistakes occur, if the football community fails, 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 substantial accomplishment - we've got to keep it going.
"Substantial financial resources flowing into the game and has been channeled for the last 20 or 25 years, because there's no guarantee it will persist in entering the game, 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
Elite division representatives objected to the creation of a regulator because of fears of a negative impact on the elite division's competitive balance, but Kogan said: "I'm absolutely committed to the success and growth as an financial organization of the top division.
"I of all people understand the apprehension regarding damaging 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 significant degree of comfort -and, in fact, they have been telling us in private they have a significant confidence."
Partisan Associations
The chairman continues to confront a "comprehensive investigation" by the Commissioner for Public Appointments after he revealed he contributed money to the political party in the past.
The official contributed funds to government minister Lisa Nandy's leadership campaign, along with that of the government leader.
"I have been entirely transparent regarding my former ideological connection [with Labour], and that political affiliation came to an end the day the select committee approved my appointment," Kogan said.
"I am no longer involved in any sort of politics."