'We are going to be a part of football's future' - football oversight chief the new chairman
The team's persistent issues represent a a "major concern" and the football regulator is looking to gain the ability to examine team situations in such situations, its new chair David Kogan has stated.
During an extensive discussion, the regulator, who was appointed on Monday, voiced concern towards Wednesday's fanbase.
The chairman convened with four supporter groups connected to the football team in recent days.
The team have been struggling on and off the field in the current year, with the club failing to pay players on time on several different times, including in the autumn.
"Clearly Sheffield Wednesday has been a significant problem for EFL and a major challenge for the sport," the chairman stated.
"Sheffield Wednesday is one of the iconic names for English football and in recent days we have met fan representatives.
"We're now looking to get powers... which will enable us to take Wednesday and comparable cases submitted for our review if they need to be investigated and acted upon."
Monetary Issues and Leadership Concerns
The club's controversial proprietor the Thai businessman stated during the off-season he would be willing to sell up at Hillsborough, but he has failed to complete a sale with interested parties.
Delayed salary payments on time in spring months caused limitations by the English Football League (EFL) in June, blocking the team from conducting any player acquisitions for the following recruitment periods, although the ban was rescinded in August.
Authority's Position
Kogan said: "The position was created for the supporters of Wednesday, other clubs in similar situations where fans are dedicated to a community organization that has existed throughout their lifetimes in many cases.
"I have absolute sympathy for the team's plight, as I do for each organization that over recent decades have faced collapse, or nearly ceased operations, for causes separate from the followers."
Inquired if the oversight body could require an owner to sell a club if they are considered unfit, Kogan said: "Should the inquiry concern 'would we intervene in the final instance?', the response would be once we gather the evidence 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 specific team, an particular chairman, without having the opportunity to collaborate with that proprietor to address the challenges confronting the team and the owner's facing," the chairman stated.
"But the truth is, when you review the record of football, over the recent generations there have been certain proprietors, not many, but some who have been irresponsible in the approach they have taken toward their organizations and finally refuse to accept accountability for the future."
Wednesday followers have been demonstrating against owner Dejphon Chansiri in recent months
'If we get it wrong, extraordinary progress vanishes'
Kogan met with representatives from 110 clubs to lay out the remit of the oversight body this week and maintained it represented a "proactive meeting" with a "high level of engagement" from the grassroots to elite level.
"The role holds considerable importance, because should mistakes occur, if the football community fails, the extraordinary progress that's been made necessary will vanish rapidly," the regulator warned.
"And that's what nobody wants in the realm of domestic football is a substantial accomplishment - we must maintain momentum.
"There's an enormous amount of money flowing into the game and has come into football for the last 20 or 25 years, because certainty is lacking 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 coming seasons."
Elite Division Worries
The Premier League opposed the establishment of an oversight body because of apprehensions regarding adverse consequences on the top-flight's competitiveness, but the chairman responded: "I'm absolutely committed to the prosperity and expansion as an commercial operation of the Premier League.
"I of all people understand the worry about compromising the top flight as an elite competition of England. But at the same time, if you talk to the Premier League after this week's discussion, they would have had a high level of reassurance -and, actually, they have been telling us in private they have a significant confidence."
Political Connections
Kogan is still facing a "thorough examination" by the Commissioner for Public Appointments after he disclosed making donations to the political party in recent years.
The 68-year-old contributed funds to Culture Secretary the minister's leadership bid, along with that of the current Prime Minister.
"I have fully disclosed my previous political affiliation [with Labour], and that ideological connection terminated the day the parliamentary committee confirmed my selection," the chairman stated.
"I currently have no participation in any sort of politics."