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Sheffield Wednesday's ongoing struggles represent a a "significant problem" and the new football authority is seeking powers to look into club affairs in similar circumstances, the recently named head the regulator has stated.

During an extensive discussion, the regulator, who was named to the position this week, expressed "sympathy" towards Wednesday's fanbase.

The chairman convened with four fan organizations representing the football team in recent days.

The Championship side have been struggling on and off the field in 2025, with the club delaying salary disbursements on multiple instances, including in September.

"Evidently Wednesday represents a serious issue for football authorities and a major challenge for the sport," the chairman stated.

"The club represents one of the great brands for football in England and in recent days we have met Sheffield Wednesday supporters' groups.

"We're now looking to get powers... which will allow us to have Wednesday and comparable cases submitted for our review if they warrant scrutiny and addressed."

Economic Challenges and Ownership Situation

The club's controversial proprietor the Thai businessman indicated in the summer he would be prepared to relinquish control at Hillsborough, but he has been unable to finalize an agreement with interested parties.

Failure to pay player wages on time in spring months led to sanctions by the league officials in mid-year, blocking the team from conducting any recruitment activities for the subsequent signing windows, although the ban was rescinded in August.

Authority's Position

The chairman stated: "The position was created for the Owls followers, other clubs in similar situations where fans are dedicated to a regional establishment that has existed throughout their lifetimes in numerous instances.

"I completely understand Sheffield Wednesday, as I do for all the clubs that since 1992 have gone to the wall, or been close to going to the wall, for factors unrelated to the supporters."

Questioned about whether the authority might compel an owner to sell a club if they are deemed unsuitable, the chairman responded: "When asking whether '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 requiring chairmen to relinquish clubs would be treated as a "last resort" and the oversight body would choose to work with them.

"The final option we would consider is start getting involved with an specific team, an individual owner, without being able to work with that chairman to fix the challenges confronting the team and the proprietor's dealing with," the chairman stated.

"But the truth is, when you examine the past of the sport, 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 clubs and ultimately refuse to accept accountability for the long-term prospects."

'Errors may undo substantial development'

The chairman convened with delegates from multiple organizations to explain the responsibilities of the authority recently and insisted it was a "progressive gathering" with a "high level of engagement" from the grassroots to elite level.

"The role holds considerable importance, because if errors are made, if the football community fails, the significant advances achieved necessary will vanish incredibly quickly," Kogan said.

"This represents everyone's worst fear in the context of the English game is a major achievement - we've got to keep it going.

"There's an enormous amount of money coming into football and has been channeled for the last 20 or 25 years, because certainty is lacking it will persist in entering the game, which is part of the rationale behind I think we have to adopt a precise perspective on potential dangers and naturally, of the next two or three years."

Top Flight Apprehensions

Elite division representatives objected to the formation of an authority because of fears of a negative impact on the top-flight's competitiveness, but Kogan said: "I'm absolutely committed to the success and growth as an commercial operation of the elite league.

"Being fully aware of the worry about compromising the division as a high-quality offering of this country. But concurrently, if you engage with division representatives after today's meeting, they would have had a substantial amount of confidence -and, in fact, they have been informing us confidentially they have a high level of reassurance."

Political Connections

The regulator remains subject to a "comprehensive investigation" by the official appointments authority after he revealed he contributed money to the Labour Party in recent years.

The chairman donated money to Secretary of State for Culture, Media and Sport Lisa Nandy's leadership campaign, along with that of the government leader.

"I have fully disclosed my previous political affiliation [with Labour], and that party membership ceased the day the parliamentary committee confirmed my selection," Kogan said.

"I currently have no participation in any type of partisan engagement."