""If your question is, 'would we intervene in the final instance?', the answer is once we gather the evidence and know what's going on, we will," Kogan told BBC Sport. "It's a last resort [forcing a sale] because the last thing we want to do is start getting involved with an individual club, an individual owner, without being able to work with that owner to try and resolve the issues that the club's facing and the owner's facing."
""But the truth is, when you look back over the history of football, over the last 20 or 30 years there have been some owners, not many, 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 future." "Wednesday owner Dejphon Chansiri, who took over in 2015, indicated during the summer he would be willing to sell the club, but he has been unable to secure a deal."
The new independent regulator warned it could force unsuitable owners to sell football clubs as a last resort when evidence shows mismanagement or failure to meet financial obligations. The regulator is seeking powers to investigate clubs in precarious financial positions and has met multiple supporter groups to assess fan concerns. Sheffield Wednesday faces embargoes related to tax debts and has failed to pay players and staff on time on five occasions this year, including last month. The club sits second bottom of the Championship with six points from nine matches after a 5-0 home defeat by Coventry. Owner Dejphon Chansiri indicated willingness to sell but has been unable to secure a deal, and several first-team players and coaches, including former manager Danny Rohl, have departed Hillsborough.
Read at ESPN.com
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