'We are going to be a part of football's future' - football oversight chief the new chairman
The Championship club's current difficulties are seen as a "major concern" and the independent regulator is aiming to acquire authority to investigate clubs in similar circumstances, the recently named head the official has stated.
In a wide-ranging interview, the regulator, who was named to the position this week, expressed "sympathy" towards supporters of the Owls.
Kogan met with four supporters' associations connected to the Championship side this week.
The team have been experiencing difficulties in multiple areas in this season, with the club delaying salary disbursements on several different times, including in September.
"Clearly Sheffield Wednesday has been a serious issue for football authorities and a significant problem for football," the regulator explained.
"The club represents one of the historic institutions 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 Sheffield Wednesday - and other clubs brought to our attention if they warrant scrutiny and dealt with."
Economic Challenges and Ownership Situation
Wednesday's embattled owner the current owner indicated in the summer he would be willing to sell up at the stadium, but he has failed to complete a sale with interested parties.
Delayed salary payments on time in earlier this year led to sanctions by the league officials in summer, preventing the club from carrying out any recruitment activities for the following recruitment periods, although that restriction was lifted in the end of the transfer window.
Regulator's Perspective
Kogan said: "The job [of the regulator] is there for the fans of Sheffield Wednesday, other clubs in similar situations where people are committed to a local institution that has existed throughout their lifetimes in numerous instances.
"I completely understand Sheffield Wednesday, as I do for each organization that over recent decades have faced collapse, or been close to going to the wall, for factors unrelated to the fans themselves."
When asked if the regulator could force an chairman to relinquish a club if they are deemed unsuitable, the regulator answered: "When asking whether 'would we intervene in the final instance?', the answer is once we collect the information and comprehend the circumstances, we will."
But Kogan stressed that compelling proprietors to divest clubs would be considered the final option and the oversight body would choose to cooperate with proprietors.
"Our least desirable course of action is start getting involved with an particular organization, an individual owner, without being in a position to cooperate with that owner to try and resolve the issues that the club's facing and the chairman's encountering," 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, a small minority, but some who have been irresponsible in the manner they have operated their clubs and ultimately refuse to accept accountability for the coming years."
Sheffield Wednesday supporters have been protesting against owner Dejphon Chansiri in recent months
'Errors may undo substantial development'
The chairman convened with representatives from 110 clubs to detail the scope of the regulator on Wednesday and insisted it was a "forward-thinking discussion" with a "substantial involvement" from the National League to the Premier League.
"It's a job that's actually really important, because if errors are made, if the sport makes errors, the extraordinary progress that's been made necessary will vanish swiftly," the chairman stated.
"Such an outcome is universally undesirable in the realm of domestic football is a huge success story - we've got to keep it going.
"Considerable investment flowing into the game and has been invested for the last 20 or 25 years, because there are no assurances it will keep flowing into the sport, which is among the factors explaining I think we have to maintain a focused outlook on potential dangers and naturally, of the next two or three years."
Elite Division Worries
The Premier League opposed the formation of an authority because of apprehensions regarding adverse consequences on the top-flight's competitiveness, but the regulator stated: "I completely endorse the success and growth as an economic entity of the elite league.
"Being fully aware of the apprehension regarding damaging the division as a high-quality offering of the nation. But concurrently, if you engage with division representatives after today's meeting, they would have had a substantial amount of confidence -and, indeed, they have been advising us privately they have a high level of reassurance."
Political Connections
The chairman continues to confront a "full inquiry" by the Commissioner for Public Appointments after he disclosed making donations to the opposition group in recent years.
The official contributed funds to Secretary of State for Culture, Media and Sport 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 official body endorsed my nomination," Kogan said.
"I currently have no participation in any form of political activity."
