'We will play a key role in football's future' - independent football regulator the new chairman
The Championship club's ongoing struggles are seen as a "serious issue" and the new football authority is looking to gain the ability to look into club affairs in comparable cases, its new chair the official has stated.
In a wide-ranging interview, Kogan, who was appointed on Monday, showed understanding towards Wednesday's fanbase.
The chairman convened with four supporters' associations connected to the Championship side this week.
The Championship side have been facing challenges both on and off the pitch in the current year, with the club failing to pay players on time on five separate occasions, including in the autumn.
"Clearly Sheffield Wednesday has been a serious issue for football authorities and a major challenge for the sport," Kogan told.
"The club represents one of the great brands for football in England and this week we have met Sheffield Wednesday supporters' groups.
"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."
Financial Struggles and Proprietorship Status
Wednesday's embattled owner the Thai businessman suggested earlier this year he would be prepared to relinquish control at the stadium, but he has been unable to finalize an agreement with potential new owners.
Missed wage deadlines on time in spring months led to sanctions by the football authorities in June, preventing the club from carrying out any transfers or loans for the next three transfer windows, although those limitations were removed in August.
Official's Viewpoint
The chairman stated: "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 many cases.
"I have absolute sympathy for the club's situation, as I do for each organization that since 1992 have gone to the wall, or been close to going to the wall, for causes separate from the supporters."
Inquired if the authority might compel an proprietor to divest a club if they are considered unfit, Kogan said: "If your question is 'would we intervene in the final instance?', the response would be once we collect the information and understand the situation, we will."
But the regulator clarified that compelling proprietors to divest clubs would be viewed as the ultimate measure and the authority would rather to work with them.
"The final option we would consider is begin intervening in an specific team, an specific proprietor, 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 examine the past of the sport, over the past few decades there have been some owners, not many, but certain individuals who have acted carelessly in the approach they have taken toward their clubs and ultimately don't wish to take responsibility for the long-term prospects."
Sheffield Wednesday supporters have been demonstrating against the current proprietor in recent months
'Errors may undo substantial development'
The chairman convened with representatives from 110 clubs to detail the scope of the authority recently and insisted it was a "proactive meeting" with a "substantial involvement" from the grassroots to elite level.
"This position carries substantial significance, because if we get it wrong, if the sport makes errors, the extraordinary progress that's been made could disappear swiftly," Kogan said.
"And that's what nobody wants in the terms of English football is a substantial accomplishment - we need to continue the progress.
"There's an enormous amount of money flowing into the game and has come into football for the last 20 or 25 years, because there's no guarantee it will keep flowing into the sport, which is one of the reasons why I think we have to maintain a focused outlook on challenges and obviously, of the next two or three years."
Premier League Concerns
The Premier League opposed the creation of a regulator because of apprehensions regarding adverse consequences on the Premier League's sporting equality, but the chairman responded: "I fully support the prosperity and expansion as an economic entity of the elite league.
"Being fully aware of the apprehension regarding damaging the top flight as an elite competition of England. But concurrently, if you talk to the Premier League after the recent gathering, they would have had a significant degree of comfort -and, in fact, they have been telling us in private they have a significant confidence."
Partisan Associations
The chairman continues to confront a "comprehensive investigation" by the Commissioner for Public Appointments after he disclosed making donations to the political party in the past.
The chairman donated money to government minister the politician's campaign, along with that of the current Prime Minister.
"I have been entirely transparent regarding my past party membership [with Labour], and that political affiliation came to an end the day the select committee approved my appointment," the regulator explained.
"I currently have no participation in any form of political activity."
