'Our role is integral to football's future' - football oversight chief the regulator's chair
The team's ongoing struggles constitute a "significant problem" and the football regulator is seeking powers to examine team situations in such situations, the recently named head the regulator has stated.
In a wide-ranging interview, Kogan, who was appointed on Monday, expressed "sympathy" towards supporters of the Owls.
The chairman convened with four supporters' associations representing the South Yorkshire club in recent days.
The football club have been struggling on and off the field in this season, with the club delaying salary disbursements on multiple instances, including in the autumn.
"Obviously the club has become a major concern for the league and a major challenge for the sport," the chairman stated.
"Sheffield Wednesday is one of the great brands for football in England and in recent days we have met supporters' organizations.
"We're now looking to get powers... which will enable us to take Wednesday and comparable cases referred to us if they need to be investigated and acted upon."
Monetary Issues and Leadership Concerns
The team's struggling chairman 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.
Delayed salary payments on time in earlier this year resulted in restrictions being imposed by the football authorities in mid-year, preventing the club from carrying out any recruitment activities for the next three transfer windows, although those limitations were removed in the end of the transfer window.
Official's Viewpoint
The regulator explained: "The job [of the regulator] is there for the fans of Sheffield Wednesday, teams facing challenges where supporters are loyal to a regional establishment that has represented their community in multiple situations.
"I fully appreciate 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 fans themselves."
Questioned about whether the authority might compel an chairman to relinquish a club if they are deemed unsuitable, Kogan said: "If your question is 'would we intervene in the final instance?', the response would be once we collect the information and comprehend the circumstances, we will."
But the chairman emphasized that compelling proprietors to divest clubs would be treated as a "last resort" and the authority would rather to cooperate with proprietors.
"The last thing what we want to do is commence engagement with an individual club, an particular chairman, 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 look back over the history of the game, over the last 20 or 30 years there have been some owners, not many, but certain individuals who have acted carelessly in the manner they have operated their teams and eventually don't wish to take responsibility for the future."
Sheffield Wednesday supporters have been voicing opposition to owner Dejphon Chansiri during the current campaign
'If we get it wrong, extraordinary progress vanishes'
The chairman convened with officials from numerous teams to lay out the remit of the oversight body this week and insisted it was a "progressive gathering" with a "substantial involvement" from the lower divisions to the top flight.
"It's a job that's actually really important, because if errors are made, if the football community fails, the significant advances achieved might evaporate swiftly," Kogan said.
"Such an outcome is universally undesirable in the context of the English game is a huge success story - we must maintain momentum.
"There's an enormous amount of money flowing into the game and has been invested for the last 20 or 25 years, because there's no guarantee it will keep flowing into the sport, which is among the factors explaining I think we have to maintain a focused outlook on challenges and obviously, of the immediate future."
Premier League Concerns
The Premier League opposed the formation of an authority because of concerns about detrimental effects on the Premier League's sporting equality, but the chairman responded: "I completely endorse the achievement and development as an economic entity of the elite league.
"As someone who appreciates the concern of undermining the division as a high-quality offering of the nation. But concurrently, if you consult with top flight officials after this week's discussion, they would have had a high level of reassurance -and, in fact, they have been advising us privately they have a considerable comfort."
Partisan Associations
The regulator remains subject to a "comprehensive investigation" by the public appointments commissioner after he acknowledged providing funds to the Labour Party in 2020.
The chairman donated money to government minister the politician's campaign, along with that of the now Prime Minister Sir Keir Starmer.
"I have fully disclosed my previous political affiliation [with Labour], and that political affiliation came to an end the day the parliamentary committee confirmed my selection," the chairman stated.
"I am presently disconnected from any sort of politics."