'We are going to be a part of football's future' - independent football regulator the new chairman
The Championship club's current difficulties are seen as a "major concern" and the independent regulator is looking to gain the ability to investigate clubs in comparable cases, its new chair the regulator has declared.
During an extensive discussion, Kogan, who was appointed on Monday, expressed "sympathy" towards Wednesday's fanbase.
The regulator engaged with four fan organizations associated with the South Yorkshire club recently.
The team have been facing challenges both on and off the pitch in 2025, with the club missing wage payments on multiple instances, including in September.
"Clearly Sheffield Wednesday has been a serious issue for football authorities and a substantial concern for English football," the chairman stated.
"The club represents one of the great brands for English football and this week we have met fan representatives.
"We are seeking authority... which will allow us to have Wednesday and comparable cases brought to our attention if they require examination and acted upon."
Financial Struggles and Ownership Situation
The team's struggling chairman Dejphon Chansiri stated during the off-season he would be prepared to relinquish control at the stadium, but he has failed to complete a sale with prospective buyers.
Delayed salary payments on time in March and May led to sanctions by the football authorities in summer, blocking the team from conducting any recruitment activities for the next three transfer windows, although that restriction was lifted in late summer.
Authority's Position
The chairman stated: "The position was created for the Owls followers, other clubs in similar situations where supporters are loyal to a community organization that has been part of their lives in many cases.
"I fully appreciate 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 reasons that have nothing to do with the supporters."
Inquired if the oversight body could require an owner to sell a club if they are deemed unsuitable, Kogan said: "When asking whether 'would we intervene in the final instance?', the answer is once we collect the information and comprehend the circumstances, we will."
But the regulator clarified that compelling proprietors to divest clubs would be treated as a "last resort" and the authority would rather to collaborate with owners.
"The last thing what we want to do is start getting involved with an specific team, an individual owner, without having the opportunity to collaborate with that proprietor to address the problems affecting the organization and the proprietor's dealing with," Kogan said.
"But the truth is, when you look back over the history of the game, over the last 20 or 30 years there have been particular chairmen, not many, but some who have been irresponsible in the manner they have operated their clubs and ultimately decline to assume obligation for the future."
Wednesday followers have been voicing opposition to owner Dejphon Chansiri during the current campaign
'If we get it wrong, extraordinary progress vanishes'
Kogan met with representatives from 110 clubs to lay out the remit of the authority recently and stated it constituted a "forward-thinking discussion" with a "high level of engagement" from the National League to the Premier League.
"It's a job that's actually really important, because if errors are made, if the sport makes errors, the significant advances achieved might evaporate swiftly," Kogan said.
"This represents everyone's worst fear in the terms of English football is a substantial accomplishment - we must maintain momentum.
"There's an enormous amount of money coming into football and has come into football for the past two decades, because certainty is lacking it will persist in entering the game, which is part of the rationale behind I think we have to take a really clear view on challenges and obviously, of the coming seasons."
Premier League Concerns
The Premier League opposed the establishment of an oversight body because of concerns about detrimental effects on the Premier League's sporting equality, but Kogan said: "I fully support the achievement and development as an financial organization of the top division.
"As someone who appreciates the concern of undermining the Premier League as a premium product of this country. But concurrently, if you consult with top flight officials after this week's discussion, they would have had a substantial amount of confidence -and, actually, they have been advising us privately they have a significant confidence."
Partisan Associations
Kogan is still facing a "comprehensive investigation" by the official appointments authority after he disclosed making donations to the opposition group in the past.
The 68-year-old contributed funds to Culture Secretary Lisa Nandy's leadership campaign, along with that of the current Prime Minister.
"I've been completely open about my former ideological connection [with Labour], and that political affiliation came to an end the day the select committee approved my appointment," Kogan said.
"I am no longer involved in any type of partisan engagement."
