'We will play a key role in football's future' - football oversight chief the regulator's chair
The Championship club's ongoing struggles are seen as a "major concern" and the independent regulator is aiming to acquire authority to examine team situations in comparable cases, the newly appointed chairman the official has declared.
During an extensive discussion, the regulator, who was named to the position this week, expressed "sympathy" towards Wednesday's fanbase.
Kogan met with four fan organizations representing the South Yorkshire club this week.
The football club have been experiencing difficulties in multiple areas in this season, with the club delaying salary disbursements on five separate occasions, including in the autumn.
"Obviously the club has become a significant problem for EFL and a significant problem for football," the chairman stated.
"Sheffield Wednesday is one of the iconic names for English football and this week we have met fan representatives.
"We're now looking to get powers... which will allow us to have Wednesday and comparable cases brought to our attention if they need to be investigated and addressed."
Monetary Issues and Ownership Situation
Wednesday's embattled owner Dejphon Chansiri indicated in the summer he would be open to selling the club at Hillsborough, but he has not been able to secure a deal with interested parties.
Delayed salary payments on time in earlier this year resulted in restrictions being imposed by the English Football League (EFL) in summer, preventing the club from carrying out any transfers or loans for the subsequent signing windows, although those limitations were removed in late summer.
Regulator's Perspective
The chairman stated: "Our role exists to serve the supporters of Wednesday, teams facing challenges where supporters are loyal to a regional establishment that has existed throughout their lifetimes in many cases.
"I have absolute sympathy for the team's plight, as I do for each organization that in modern times have encountered failure, or been close to going to the wall, for reasons that have nothing to do with the followers."
When asked if the authority might compel an owner to sell a club if they are deemed unsuitable, the regulator answered: "When asking whether 'would we intervene in the final instance?', the reply is once we collect the information and know what's going on, we will."
But Kogan stressed that requiring chairmen to relinquish clubs would be viewed as the ultimate measure and the oversight body would choose to collaborate with owners.
"The final option we would consider is start getting involved with an individual club, an particular chairman, without being able to work with that owner to try and resolve the issues that the club's facing and the owner's facing," the chairman stated.
"But the truth is, when you review the record of the sport, over the last 20 or 30 years there have been some owners, not many, but certain individuals who have acted carelessly in the approach they have taken toward their organizations and finally refuse to accept accountability for the coming years."
Sheffield Wednesday supporters have been demonstrating against the current proprietor this season
'If we get it wrong, extraordinary progress vanishes'
The chairman convened with delegates from multiple organizations to lay out the remit of the oversight body this week and maintained it represented a "forward-thinking discussion" with a "substantial involvement" from the grassroots to elite level.
"This position carries substantial significance, because should mistakes occur, if the world of football gets it wrong, the extraordinary progress that's been made might evaporate rapidly," the regulator warned.
"This represents everyone's worst fear in the terms of English football is a huge success story - we need to continue the progress.
"Considerable investment flowing into the game and has been channeled for the recent generations, because there are no assurances it will persist in entering the game, which is among the factors explaining I think we have to maintain a focused outlook on potential dangers and naturally, of the next two or three years."
Top Flight Apprehensions
Elite division representatives objected to the establishment of an oversight body because of concerns about detrimental effects on the top-flight's competitiveness, but the chairman responded: "I completely endorse the achievement and development as an economic entity of the elite league.
"I of all people understand the worry about compromising the division as a high-quality offering of this country. But concurrently, if you engage with division representatives after the recent gathering, they would have had a substantial amount of confidence -and, actually, they have been informing us confidentially they have a significant confidence."
Ideological Links
The regulator remains subject to a "thorough examination" by the Commissioner for Public Appointments after he disclosed making donations to the political party in the past.
The official contributed funds to government minister the politician's campaign, along with that of the current Prime Minister.
"I have been entirely transparent regarding my former ideological connection [with Labour], and that ideological connection terminated the day the parliamentary committee confirmed my selection," the regulator explained.
"I currently have no participation in any form of political activity."