'We will play a key role in football's future' - football oversight chief the new chairman
The team's current difficulties represent a a "significant problem" and the new football authority is seeking powers to investigate clubs in similar circumstances, the recently named head the official has declared.
Through a comprehensive talk, the chairman, who was named to the position this week, expressed "sympathy" towards supporters of the Owls.
The chairman convened with four fan organizations representing the South Yorkshire club this week.
The Championship side have been experiencing difficulties in multiple areas in this season, with the club missing wage payments on several different times, including in the autumn.
"Clearly Sheffield Wednesday has been a significant problem for EFL and a significant problem for football," Kogan told.
"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 enable us to take Sheffield Wednesday - and other clubs referred to us if they need to be investigated and dealt with."
Financial Struggles and Leadership Concerns
The club's controversial proprietor the Thai businessman indicated in the summer he would be open to selling the club at the stadium, but he has failed to complete a sale with potential new owners.
Missed wage deadlines on time in earlier this year led to sanctions by the football authorities in summer, stopping Wednesday from completing any recruitment activities for the subsequent signing windows, although the ban was rescinded in August.
Regulator's Perspective
Kogan said: "The job [of the regulator] is there for the supporters of Wednesday, teams facing challenges where fans are dedicated to a community organization that has represented their community in multiple situations.
"I have absolute sympathy for the team's plight, as I do for each organization that over recent decades have faced collapse, or nearly ceased operations, for factors unrelated to the fans themselves."
When asked if the authority might compel an chairman to relinquish a club if they are deemed unsuitable, the regulator answered: "Should the inquiry concern '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 considered the final option and the authority would rather to collaborate with owners.
"The final option we would consider is commence engagement with an specific team, an particular chairman, without having the opportunity to collaborate with that owner to try and resolve the challenges confronting the team and the owner's facing," the chairman stated.
"But the truth is, when you examine the past of football, over the recent generations there have been certain proprietors, few in number, but some who have been irresponsible in the way which they've been managing their teams and eventually don't wish to take responsibility for the long-term prospects."
Owls fans have been protesting against owner Dejphon Chansiri this season
'Errors may undo substantial development'
The chairman convened with delegates from multiple organizations to explain the responsibilities of the authority recently and insisted it was a "proactive meeting" with a "significant participation" from the grassroots to elite level.
"This position carries substantial significance, because if errors are made, if the world of football gets it wrong, the remarkable development accomplished necessary will vanish swiftly," the chairman stated.
"This represents everyone's worst fear in the realm of domestic football is a major achievement - we've got to keep it going.
"Considerable investment flowing into the game and has been channeled for the last 20 or 25 years, because certainty is lacking it will continue to come into football, which is among the factors explaining I think we have to take a really clear view on challenges and obviously, of the coming seasons."
Top Flight Apprehensions
Top flight officials resisted the establishment of an oversight body because of concerns about detrimental effects on the top-flight's competitiveness, but the regulator stated: "I fully support the achievement and development as an financial organization of the top division.
"I of all people understand the apprehension regarding damaging the top flight as an elite competition of the nation. But simultaneously, if you talk to the Premier League after today's meeting, they would have had a significant degree of comfort -and, in fact, they have been informing us confidentially they have a high level of reassurance."
Partisan Associations
The chairman continues to confront a "comprehensive investigation" by the Commissioner for Public Appointments after he revealed he contributed money to the opposition group in the past.
The official provided financial support for 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've been completely open about 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 form of political activity."