'Our role is integral to football's future' - football oversight chief the new chairman
Sheffield Wednesday's persistent issues are seen as a "significant problem" and the new football authority is seeking powers to examine team situations in similar circumstances, the newly appointed chairman the official has stated.
Through a comprehensive talk, Kogan, who was recently selected, showed understanding towards Wednesday's fanbase.
Kogan met with four supporter groups representing the Championship side this week.
The team have been struggling on and off the field in 2025, with the club failing to pay players on time on five separate occasions, including in September.
"Clearly Sheffield Wednesday has been a major concern for the league and a significant problem for football," the chairman stated.
"Wednesday stands as one of the historic institutions for the English game and this week we have met fan representatives.
"We're now looking to get powers... which will allow us to have Wednesday and comparable cases submitted for our review if they warrant scrutiny and addressed."
Economic Challenges and Proprietorship Status
The team's struggling chairman the Thai businessman stated during the off-season he would be open to selling the club at Hillsborough, but he has not been able to secure a deal with interested parties.
Missed wage deadlines on time in earlier this year led to sanctions by the league officials in June, blocking the team from conducting any transfers or loans for the next three transfer windows, although the ban was rescinded in the end of the transfer window.
Regulator's Perspective
Kogan said: "The job [of the regulator] is there for the Owls followers, Bury or any football club where people are committed to a community organization that has existed throughout their lifetimes in numerous instances.
"I have absolute sympathy for Sheffield Wednesday, 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 supporters."
Inquired if the authority might compel an chairman to relinquish a club if they are deemed unsuitable, Kogan said: "Should the inquiry concern 'would we intervene in the final instance?', the reply is once we gather the evidence and understand the situation, we will."
But Kogan stressed that compelling proprietors to divest clubs would be treated as a "last resort" and the authority would rather to collaborate with owners.
"The final option we would consider is commence engagement with an specific team, an specific proprietor, without being able to work with that proprietor to address the issues that the club's facing and the chairman's encountering," the regulator explained.
"But the truth is, when you review the record of the sport, over the recent generations there have been particular chairmen, a small minority, but particular people who have shown negligence in the manner they have operated their teams and eventually don't wish to take responsibility for the coming years."
Wednesday followers have been demonstrating against the team's chairman in recent months
'Errors may undo substantial development'
The regulator engaged delegates from multiple organizations to lay out the remit of the oversight body this week and insisted it was a "forward-thinking discussion" with a "significant participation" from the National League to the Premier League.
"This position carries substantial significance, because if we get it wrong, if the world of football gets it wrong, the significant advances achieved necessary will vanish rapidly," the regulator warned.
"And that's what nobody wants in the realm of domestic football is a huge success story - we've got to keep it going.
"There's an enormous amount of money entering the sport and has been invested for the past two decades, because there's no guarantee it will continue to come into football, which is part of the rationale behind I think we have to adopt a precise perspective on risk and of course, of the coming seasons."
Elite Division Worries
Top flight officials resisted the creation of a regulator because of fears of a negative impact on the Premier League's sporting equality, but the regulator stated: "I fully support the success and growth as an economic entity of the elite league.
"Being fully aware of the worry about compromising the division as a high-quality offering of England. But simultaneously, if you consult with top flight officials after today's meeting, they would have had a substantial amount of confidence -and, actually, they have been informing us confidentially they have a considerable comfort."
Ideological Links
Kogan is still facing a "full inquiry" by the official appointments authority after he acknowledged providing funds to the opposition group in recent years.
The official provided financial support for Culture Secretary the politician's campaign, along with that of the now Prime Minister Sir Keir Starmer.
"I've been completely open about my former ideological connection [with Labour], and that party membership ceased the day the parliamentary committee confirmed my selection," the regulator explained.
"I am no longer involved in any sort of politics."