'We will play a key role in football's future' - football oversight chief the new chairman
The Championship club's ongoing struggles represent a a "significant problem" and the independent regulator is looking to gain the ability to investigate clubs in such situations, the recently named head the official has stated.
In a wide-ranging interview, Kogan, who was appointed on Monday, expressed "sympathy" towards supporters of the Owls.
The chairman convened with four fan organizations representing the Championship side this week.
The Championship side have been facing challenges both on and off the pitch in the current year, with the club delaying salary disbursements on several different times, including in last month.
"Obviously the club has become a serious issue for football authorities and a substantial concern for English football," the regulator explained.
"Wednesday stands as one of the historic institutions for the English game and recently we have met fan representatives.
"We're now looking to get powers... which will permit us to bring Wednesday and comparable cases submitted for our review if they require examination and dealt with."
Economic Challenges and Leadership Concerns
The club's controversial proprietor the current owner indicated in the summer he would be willing to sell up at the stadium, but he has not been able to secure a deal with prospective buyers.
Failure to pay player wages on time in March and May led to sanctions by the league officials in mid-year, blocking the team from conducting any player acquisitions for the subsequent signing windows, although the ban was rescinded in late summer.
Authority's Position
The regulator explained: "The position was created for the fans of Sheffield Wednesday, teams facing challenges where people are committed to a regional establishment that has represented their community 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 nearly ceased operations, for reasons that have nothing to do with the fans themselves."
When asked if the oversight body could require an proprietor to divest a club if they are deemed unsuitable, Kogan said: "When asking whether 'would we intervene in the final instance?', the response would be once we collect the information and know what's going on, we will."
But the chairman emphasized that forcing owners to sell clubs would be considered the final option and the oversight body would choose to work with them.
"Our least desirable course of action is commence engagement with an individual club, an specific proprietor, without being in a position to cooperate with that owner to try and resolve the issues that the club's facing and the chairman's encountering," Kogan said.
"But the truth is, when you review the record of the game, over the last 20 or 30 years there have been some owners, a small minority, but particular people who have shown negligence in the approach they have taken toward their organizations and finally don't wish to take responsibility for the coming years."
Wednesday followers have been protesting against owner Dejphon Chansiri in recent months
'Mistakes could erase significant advances'
The chairman convened with delegates from multiple organizations to detail the scope of the authority recently and maintained it represented a "forward-thinking discussion" with a "significant participation" from the lower divisions to the top flight.
"It's a job that's actually really important, because should mistakes occur, if the sport makes errors, the extraordinary progress that's been made could disappear rapidly," the chairman stated.
"And that's what nobody wants in the terms of English football is a major achievement - we've got to keep it going.
"Substantial financial resources coming into football and has been channeled 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 adopt a precise perspective on challenges and obviously, of the coming seasons."
Premier League Concerns
The Premier League opposed the formation of an authority because of apprehensions regarding adverse consequences on the elite division's competitive balance, but Kogan said: "I'm absolutely committed to the achievement and development as an financial organization of the elite league.
"I of all people understand the worry about compromising the top flight as an elite competition of England. But simultaneously, if you consult with top flight officials after today's meeting, they would have had a significant degree of comfort -and, indeed, they have been advising us privately they have a significant confidence."
Ideological Links
The chairman continues to confront a "comprehensive investigation" by the Commissioner for Public Appointments after he acknowledged providing funds to the political party in recent years.
The official provided financial support for Culture Secretary the politician's campaign, along with that of the government leader.
"I have fully disclosed my previous political affiliation [with Labour], and that political affiliation came to an end the day the select committee approved my appointment," Kogan said.
"I am presently disconnected from any form of political activity."
