'Our role is integral to football's future' - independent football regulator the new chairman
The team's persistent issues represent a a "significant problem" and the football regulator is aiming to acquire authority to investigate clubs in similar circumstances, the recently named head the regulator has announced.
During an extensive discussion, Kogan, who was appointed on Monday, voiced concern towards the club's followers.
The chairman convened with four fan organizations connected to the South Yorkshire club in recent days.
The Championship side have been struggling on and off the field in 2025, with the club failing to pay players on time on multiple instances, 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 recently we have met Sheffield Wednesday supporters' groups.
"We are seeking authority... which will permit us to bring Sheffield Wednesday - and other clubs submitted for our review if they need to be investigated and acted upon."
Monetary Issues and Proprietorship Status
Wednesday's embattled owner Dejphon Chansiri indicated in the summer he would be willing to sell up at their home ground, but he has been unable to finalize an agreement with potential new owners.
Failure to pay player wages on time in spring months resulted in restrictions being imposed by the football authorities in mid-year, preventing the club from carrying out any transfers or loans for the next three transfer windows, although the ban was rescinded in August.
Official's Viewpoint
The chairman stated: "Our role exists to serve the Owls followers, other clubs in similar situations where people are committed to a community organization that has existed throughout their lifetimes in multiple situations.
"I fully appreciate the club's situation, as I do for all the clubs that since 1992 have gone to the wall, or approached financial ruin, for causes separate from the supporters."
Questioned about whether the regulator could force an proprietor to divest a club if they are considered unfit, the chairman responded: "If your question is 'would we intervene in the final instance?', the answer is once we gather the evidence and comprehend the circumstances, we will."
But the regulator clarified that requiring chairmen to relinquish clubs would be treated as a "last resort" and the authority would rather to work with them.
"Our least desirable course of action is begin intervening in an specific team, an particular chairman, without having the opportunity to collaborate with that owner to try and resolve the problems affecting the organization and the chairman's encountering," the chairman stated.
"But the truth is, when you look back over the history of the sport, over the recent generations there have been some owners, not many, but particular people who have shown negligence in the approach they have taken toward their teams and eventually decline to assume obligation for the long-term prospects."
Wednesday followers have been protesting against the team's chairman this season
'Mistakes could erase significant advances'
The chairman convened with officials from numerous teams to explain the responsibilities of the oversight body this week and stated it constituted a "proactive meeting" 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 football community fails, the significant advances achieved necessary will vanish swiftly," Kogan said.
"Such an outcome is universally undesirable in the context of the English game is a substantial accomplishment - we've got to keep it going.
"Considerable investment coming into football and has been invested for the past two decades, because there's no guarantee it will keep flowing into the sport, which is among the factors explaining I think we have to adopt a precise perspective on risk and of course, of the coming seasons."
Top Flight Apprehensions
Elite division representatives objected to the creation of a regulator because of concerns about detrimental effects on the elite division's competitive balance, but the chairman responded: "I completely endorse the achievement and development as an commercial operation of the Premier League.
"Being fully aware of the apprehension regarding damaging the top flight as an elite competition of this country. But simultaneously, if you talk to the Premier League after this week's discussion, they would have had a substantial amount of confidence -and, in fact, they have been advising us privately they have a significant confidence."
Ideological Links
The chairman continues to confront a "thorough examination" by the public appointments commissioner after he revealed he contributed money to the opposition group in the past.
The chairman provided financial support for Culture Secretary the minister's leadership bid, along with that of the now Prime Minister Sir Keir Starmer.
"I have fully disclosed my past party membership [with Labour], and that political affiliation came to an end the day the official body endorsed my nomination," the regulator explained.
"I am presently disconnected from any sort of politics."
