'We will play a key role in football's future' - independent football regulator the regulator's chair
The team's ongoing struggles constitute a "serious issue" and the independent regulator is seeking powers to examine team situations in such situations, the recently named head the official has announced.
During an extensive discussion, Kogan, who was named to the position this week, voiced concern towards Wednesday's fanbase.
Kogan met with four fan organizations connected to the football team this week.
The Championship side have been experiencing difficulties in multiple areas in 2025, with the club missing wage payments on several different times, including in September.
"Obviously the club has become a serious issue for football authorities and a substantial concern for English football," Kogan told.
"Sheffield Wednesday is one of the historic institutions for English football and this week we have met fan representatives.
"We're now looking to get powers... which will permit us to bring Sheffield Wednesday - and other clubs brought to our attention if they require examination and acted upon."
Monetary Issues and Proprietorship Status
The team's struggling chairman Dejphon Chansiri stated during the off-season he would be open to selling the club at the stadium, but he has failed to complete a sale with interested parties.
Failure to pay player wages on time in March and May caused limitations by the league officials in June, preventing the club from carrying out any recruitment activities for the following recruitment periods, although that restriction was lifted in August.
Authority's Position
The chairman stated: "The job [of the regulator] is there for the supporters of Wednesday, Bury or any football club where fans are dedicated to a local institution that has been part of their lives in many cases.
"I have absolute sympathy for the team's plight, as I do for all the clubs that in modern times have encountered failure, or approached financial ruin, for factors unrelated to the followers."
Questioned about whether the authority might compel an chairman to relinquish a club if they are considered unfit, Kogan said: "Should the inquiry concern 'would we intervene in the final instance?', the response would be once we assemble the facts 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 regulator would prefer to work with them.
"The final option we would consider is commence engagement with an specific team, an specific proprietor, without being in a position to cooperate with that chairman to fix the challenges confronting the team and the owner's facing," the chairman stated.
"In actuality, when you examine the past of the game, over the past few decades there have been certain proprietors, a small minority, but some who have been irresponsible in the manner they have operated their organizations and finally decline to assume obligation for the future."
Wednesday followers have been demonstrating against the current proprietor during the current campaign
'Errors may undo substantial development'
The regulator engaged representatives from 110 clubs to explain the responsibilities of the oversight body this week and stated it constituted a "proactive meeting" with a "high level of engagement" from the lower divisions to the top flight.
"This position carries substantial significance, because if we get it wrong, if the sport makes errors, the significant advances achieved could disappear rapidly," the chairman stated.
"And that's what nobody wants in the terms of English football is a substantial accomplishment - we must maintain momentum.
"There's an enormous amount of money entering the sport 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 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."
Top Flight Apprehensions
The Premier League opposed the formation of an authority because of concerns about detrimental effects on the elite division's competitive balance, but the chairman responded: "I'm absolutely committed to the prosperity and expansion as an commercial operation of the top division.
"I of all people understand the apprehension regarding damaging the Premier League as a premium product of this country. But concurrently, if you talk to the Premier League after the recent gathering, they would have had a substantial amount of confidence -and, in fact, they have been informing us confidentially they have a significant confidence."
Ideological Links
The regulator remains subject to a "full inquiry" by the public appointments commissioner after he revealed he contributed money to the opposition group in recent years.
The 68-year-old contributed funds to Secretary of State for Culture, Media and Sport the minister's leadership bid, along with that of the now Prime Minister Sir Keir Starmer.
"I have been entirely transparent regarding my past party membership [with Labour], and that political affiliation came to an end the day the official body endorsed my nomination," the chairman stated.
"I am presently disconnected from any type of partisan engagement."