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Sheffield Wednesday's current difficulties are seen as a "significant problem" and the football regulator is looking to gain the ability to examine team situations in comparable cases, the newly appointed chairman the official has stated.

Through a comprehensive talk, the chairman, who was named to the position this week, expressed "sympathy" towards the club's followers.

The chairman convened with four supporters' associations representing the Championship side recently.

The team have been facing challenges both on and off the pitch in 2025, with the club failing to pay players on time on five separate occasions, including in September.

"Clearly Sheffield Wednesday has been a serious issue for football authorities and a major challenge for the sport," the regulator explained.

"The club represents one of the historic institutions for English football and this week we have met fan representatives.

"We're now looking to get powers... which will permit us to bring Sheffield Wednesday - and other clubs submitted for our review if they need to be investigated and addressed."

Economic Challenges and Leadership Concerns

Wednesday's embattled owner Dejphon Chansiri stated during the off-season he would be open to selling the club at Hillsborough, but he has failed to complete a sale with prospective buyers.

Missed wage deadlines on time in earlier this year resulted in restrictions being imposed by the English Football League (EFL) in June, stopping Wednesday from completing any recruitment activities for the following recruitment periods, although those limitations were removed in the end of the transfer window.

Official's Viewpoint

The regulator explained: "The position was created for the fans of Sheffield Wednesday, other clubs in similar situations where supporters are loyal to a regional establishment that has represented their community in many cases.

"I completely understand Sheffield Wednesday, as I do for every team that over recent decades have faced collapse, or been close to going to the wall, for causes separate from the fans themselves."

Questioned about whether the regulator could force an chairman to relinquish a club if they are judged inappropriate, the chairman responded: "If your question is 'would we intervene in the final instance?', the reply is once we assemble the facts and understand the situation, we will."

But the regulator clarified that requiring chairmen to relinquish clubs would be treated as a "last resort" and the authority would rather to collaborate with owners.

"The final option we would consider is begin intervening in an individual club, an particular chairman, without being able to work with that owner to try and resolve the issues that the club's facing and the owner's facing," Kogan said.

"But the truth is, when you look back over the history of the sport, over the past few decades there have been certain proprietors, few in number, but some who have been irresponsible in the way which they've been managing their clubs and ultimately don't wish to take responsibility for the long-term prospects."

'Errors may undo substantial development'

Kogan met with officials from numerous teams to lay out the remit of the oversight body this week and insisted it was a "forward-thinking discussion" with a "substantial involvement" from the lower divisions to the top flight.

"The role holds considerable importance, because if we get it wrong, if the football community fails, the significant advances achieved might evaporate swiftly," Kogan said.

"And that's what nobody wants in the context of the English game is a major achievement - we need to continue the progress.

"Considerable investment entering the sport and has been invested for the past two decades, because there's no guarantee it will continue to come into football, which is among the factors explaining I think we have to maintain a focused outlook on potential dangers and naturally, of the coming seasons."

Top Flight Apprehensions

Top flight officials resisted the formation of an authority because of apprehensions regarding adverse consequences on the top-flight's competitiveness, but the chairman responded: "I completely endorse the success and growth as an commercial operation of the Premier League.

"Being fully aware of the worry about compromising the Premier League as a premium product of this country. 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 telling us in private they have a significant confidence."

Ideological Links

The chairman continues to confront a "full inquiry" by the public appointments commissioner after he disclosed making donations to the political party in the past.

The 68-year-old contributed funds to Culture Secretary the minister's leadership bid, along with that of the government leader.

"I have fully disclosed my former ideological connection [with Labour], and that party membership ceased the day the select committee approved my appointment," the chairman stated.

"I am no longer involved in any type of partisan engagement."