'We are going to be a part of football's future' - newly appointed regulator the new chairman
The team's current difficulties represent a a "serious issue" and the new football authority is seeking powers to look into club affairs in comparable cases, the recently named head the official has declared.
In a wide-ranging interview, Kogan, who was named to the position this week, expressed "sympathy" towards the club's followers.
Kogan met with four supporters' associations connected to the South Yorkshire club in recent days.
The Championship side have been struggling on and off the field in this season, with the club failing to pay players on time on multiple instances, including in September.
"Clearly Sheffield Wednesday has been a serious issue for football authorities and a significant problem for football," Kogan told.
"The club represents one of the great brands for football in England and this week we have met Sheffield Wednesday supporters' groups.
"We're now looking to get powers... which will permit us to bring Sheffield Wednesday - and other clubs brought to our attention if they need to be investigated and dealt with."
Financial Struggles and Leadership Concerns
The team's struggling chairman the current owner suggested earlier this year he would be open to selling the club at their home ground, but he has been unable to finalize an agreement with interested parties.
Missed wage deadlines on time in March and May resulted in restrictions being imposed by the English Football League (EFL) in summer, blocking the team from conducting any transfers or loans for the following recruitment periods, although that restriction was lifted in the end of the transfer window.
Authority's Position
Kogan said: "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 many cases.
"I fully appreciate the team's plight, as I do for every team that since 1992 have gone to the wall, or approached financial ruin, for reasons that have nothing to do with the supporters."
Questioned about whether the oversight body could require an proprietor to divest a club if they are considered unfit, the regulator answered: "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 chairman emphasized that requiring chairmen to relinquish clubs would be treated as a "last resort" and the oversight body would choose to collaborate with owners.
"The last thing what we want to do is begin intervening in an specific team, an individual owner, without having the opportunity to collaborate with that owner to try and resolve the issues that the club's facing and the owner's facing," the chairman stated.
"In actuality, when you look back over the history of the game, over the last 20 or 30 years there have been certain proprietors, not many, but some who have been irresponsible in the way which they've been managing their organizations and finally decline to assume obligation for the coming years."
Wednesday followers have been voicing opposition to the current proprietor in recent months
'Mistakes could erase significant advances'
The chairman convened with representatives from 110 clubs to detail the scope of the oversight body this week and stated it constituted a "forward-thinking discussion" with a "high level of engagement" from the grassroots to elite level.
"This position carries substantial significance, because should mistakes occur, if the sport makes errors, the remarkable development accomplished could disappear rapidly," the chairman stated.
"This represents everyone's worst fear in the realm of domestic football is a major achievement - we must maintain momentum.
"Considerable investment flowing into the game and has come into football for the last 20 or 25 years, because there's no guarantee 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 coming seasons."
Top Flight Apprehensions
Elite division representatives objected to the establishment of an oversight body because of fears of a negative impact on the top-flight's competitiveness, but the chairman responded: "I fully support the success and growth as an economic entity of the elite league.
"Being fully aware of the apprehension regarding damaging the division as a high-quality offering of this country. But at the same time, if you consult with top flight officials after today's meeting, they would have had a high level of reassurance -and, in fact, they have been informing us confidentially they have a considerable comfort."
Ideological Links
The regulator remains subject to a "comprehensive investigation" by the official appointments authority after he disclosed making donations to the political party in the past.
The chairman provided financial support for Secretary of State for Culture, Media and Sport Lisa Nandy's leadership campaign, along with that of the current Prime Minister.
"I have been entirely transparent regarding my previous political affiliation [with Labour], and that political affiliation came to an end the day the parliamentary committee confirmed my selection," the regulator explained.
"I am presently disconnected from any sort of politics."
