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Football Regulator Seeks Power to Investigate Troubled Clubs, Calling Sheffield Wednesday a ‘Significant Problem’

The new chair says forcing an owner to sell would be a last resort.

Overview

  • Newly appointed IFR chair David Kogan met four Sheffield Wednesday supporter groups this week and expressed sympathy for fans.
  • Kogan told BBC Sport the regulator is seeking formal referral and investigatory powers to act on clubs in financial or governance distress.
  • He said owners deemed unsuitable could be compelled to sell once evidence is gathered, while stressing the preference is to work with owners first.
  • Sheffield Wednesday have missed wage payments five times this year, drawing EFL charges and earlier transfer restrictions, and Unite says non-football staff received only £1,000 toward September pay.
  • Supporters protested with a pitch invasion during a 5-0 home loss to Coventry, and the club faces the possibility of a points deduction over ongoing financial issues.