'Our role is integral to football's future' - newly appointed regulator the regulator's chair
The Championship club's current difficulties constitute a "serious issue" and the football regulator is looking to gain the ability to examine team situations in similar circumstances, the recently named head the official has announced.
In a wide-ranging interview, the chairman, who was appointed on Monday, expressed "sympathy" towards Wednesday's fanbase.
The regulator engaged with four fan organizations representing the South Yorkshire club recently.
The football club have been struggling on and off the field in the current year, with the club failing to pay players on time on multiple instances, including in the autumn.
"Evidently Wednesday represents a major concern for the league and a major challenge for the sport," the regulator explained.
"The club represents one of the iconic names for English football and recently we have met fan representatives.
"We're now looking to get powers... which will permit us to bring Sheffield Wednesday - and other clubs referred to us if they require examination and acted upon."
Financial Struggles and Ownership Situation
Wednesday's embattled owner the current owner suggested earlier this year he would be open to selling the club at the stadium, but he has been unable to finalize an agreement with prospective buyers.
Missed wage deadlines on time in spring months resulted in restrictions being imposed by the English Football League (EFL) in summer, stopping Wednesday from completing any recruitment activities for the next three transfer windows, although those limitations were removed in late summer.
Authority's Position
Kogan said: "Our role exists to serve the Owls followers, teams facing challenges where people are committed to a community organization that has been part of their lives in multiple situations.
"I fully appreciate the team's plight, as I do for all the clubs that in modern times have encountered failure, or been close to going to the wall, for factors unrelated to the fans themselves."
When asked if the oversight body could require an owner to sell a club if they are considered unfit, the regulator answered: "If your question is 'would we intervene in the final instance?', the reply is once we gather the evidence and understand the situation, we will."
But the regulator clarified that requiring chairmen to relinquish clubs would be considered the final option and the oversight body would choose to collaborate with owners.
"The final option we would consider is start getting involved with an specific team, an individual owner, without being in a position to cooperate with that owner to try and resolve the challenges confronting the team and the owner's facing," the chairman stated.
"In actuality, when you look back over the history of football, over the recent generations there have been certain proprietors, few in number, but certain individuals who have acted carelessly in the approach they have taken toward their organizations and finally decline to assume obligation for the future."
Sheffield Wednesday supporters have been voicing opposition to owner Dejphon Chansiri during the current campaign
'Mistakes could erase significant advances'
Kogan met with representatives from 110 clubs to detail the scope of the authority recently and insisted it was a "forward-thinking discussion" with a "substantial involvement" from the lower divisions to the top flight.
"This position carries substantial significance, because if errors are made, if the football community fails, the extraordinary progress that's been made could disappear rapidly," Kogan said.
"And that's what nobody wants in the realm of domestic football is a substantial accomplishment - we've got to keep it going.
"Substantial financial resources flowing into the game and has been invested for the last 20 or 25 years, because certainty is lacking it will keep flowing into the sport, which is part of the rationale behind I think we have to maintain a focused outlook on challenges and obviously, of the next two or three years."
Top Flight Apprehensions
The Premier League opposed the formation of an authority because of fears of a negative impact on the top-flight's competitiveness, but the chairman responded: "I fully support the prosperity and expansion as an commercial operation of the top division.
"Being fully aware of the worry about compromising the top flight as an elite competition of the nation. But simultaneously, if you engage with division representatives after this week's discussion, they would have had a high level of reassurance -and, indeed, they have been informing us confidentially they have a significant confidence."
Partisan Associations
Kogan is still facing a "full inquiry" by the public appointments commissioner after he revealed he contributed money to the opposition group in the past.
The official contributed funds to government minister the politician's campaign, along with that of the now Prime Minister Sir Keir Starmer.
"I have fully disclosed my past party membership [with Labour], and that ideological connection terminated the day the select committee approved my appointment," the chairman stated.
"I am no longer involved in any form of political activity."
