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Sheffield Wednesday's ongoing struggles are seen as a "significant problem" and the new football authority is looking to gain the ability to examine team situations in similar circumstances, its new chair the official has declared.

In a wide-ranging interview, the chairman, who was recently selected, voiced concern towards supporters of the Owls.

Kogan met with four supporters' associations connected to the South Yorkshire club this week.

The team have been facing challenges both on and off the pitch in this season, with the club missing wage payments on five separate occasions, including in September.

"Evidently Wednesday represents a major concern for the league and a significant problem for football," the chairman stated.

"The club represents one of the iconic names for football in England and this week we have met supporters' organizations.

"We are seeking authority... which will permit us to bring Sheffield Wednesday - and other clubs referred to us if they need to be investigated and addressed."

Monetary Issues and Leadership Concerns

Wednesday's embattled owner the Thai businessman suggested earlier this year he would be prepared to relinquish control at Hillsborough, but he has been unable to finalize an agreement with prospective buyers.

Failure to pay player wages on time in spring months resulted in restrictions being imposed by the league officials in June, preventing the club from carrying out any transfers or loans for the following recruitment periods, although that restriction was lifted in late summer.

Authority's Position

The chairman stated: "The position was created for the fans of Sheffield Wednesday, teams facing challenges where people are committed to a local institution that has represented their community in many cases.

"I completely understand the club's situation, as I do for all the clubs that since 1992 have gone to the wall, or nearly ceased operations, for causes separate from the fans themselves."

Inquired if the regulator could force an chairman to relinquish a club if they are deemed unsuitable, the regulator answered: "Should the inquiry concern 'would we intervene in the final instance?', the answer is once we gather the evidence and know what's going on, we will."

But the chairman emphasized that requiring chairmen to relinquish clubs would be viewed as the ultimate measure and the regulator would prefer to collaborate with owners.

"Our least desirable course of action is begin intervening in an individual club, an specific proprietor, without being in a position to cooperate with that chairman to fix the problems affecting the organization and the proprietor's dealing with," the chairman stated.

"In actuality, when you review the record of football, over the last 20 or 30 years there have been certain proprietors, few in number, but particular people who have shown negligence in the way which they've been managing their organizations and finally don't wish to take responsibility for the future."

'Mistakes could erase significant advances'

Kogan met with officials from numerous teams to detail the scope of the regulator on Wednesday and maintained it represented a "progressive gathering" with a "significant participation" from the National League to the Premier League.

"This position carries substantial significance, because if errors are made, if the world of football gets it wrong, the significant advances achieved necessary will vanish rapidly," the regulator warned.

"This represents everyone's worst fear in the context of the English game is a major achievement - we must maintain momentum.

"Considerable investment entering the sport and has come into football for the last 20 or 25 years, because there are no assurances it will continue to come into football, which is part of the rationale behind I think we have to adopt a precise perspective on risk and of course, of the coming seasons."

Elite Division Worries

Elite division representatives objected to the formation of an authority because of apprehensions regarding adverse consequences on the elite division's competitive balance, but the regulator stated: "I'm absolutely committed to the success and growth as an commercial operation of the elite league.

"I of all people understand the apprehension regarding damaging the division as a high-quality offering of the nation. But at the same time, if you talk to the Premier League after today's meeting, they would have had a substantial amount of confidence -and, actually, they have been informing us confidentially they have a significant confidence."

Ideological Links

The chairman continues to confront a "comprehensive investigation" by the public appointments commissioner after he disclosed making donations to the opposition group in the past.

The official contributed funds to government minister Lisa Nandy's leadership campaign, along with that of the current Prime Minister.

"I have been entirely transparent regarding my former ideological connection [with Labour], and that ideological connection terminated the day the parliamentary committee confirmed my selection," the regulator explained.

"I am no longer involved in any sort of politics."