'We are going to be a part of football's future' - independent football regulator the new chairman
Sheffield Wednesday's current difficulties are seen as a "major concern" and the football regulator is seeking powers to examine team situations in similar circumstances, its new chair the official has declared.
During an extensive discussion, Kogan, who was named to the position this week, expressed "sympathy" towards the club's followers.
Kogan met with four supporter groups representing the South Yorkshire club recently.
The Championship side have been experiencing difficulties in multiple areas in 2025, with the club failing to pay players on time on five separate occasions, including in September.
"Obviously the club has become a major concern for the league and a substantial concern for English football," the regulator explained.
"The club represents one of the historic institutions for English football and this week we have met Sheffield Wednesday supporters' groups.
"We're now looking to get powers... which will permit us to bring Wednesday and comparable cases referred to us if they warrant scrutiny and acted upon."
Monetary Issues and Proprietorship Status
The club's controversial proprietor the Thai businessman suggested earlier this year he would be prepared to relinquish control at their home ground, but he has not been able to secure a deal with interested parties.
Failure to pay player wages on time in earlier this year resulted in restrictions being imposed by the football authorities in mid-year, preventing the club from carrying out any transfers or loans for the subsequent signing windows, although the ban was rescinded in the end of the transfer window.
Authority's Position
The chairman stated: "Our role exists to serve the Owls followers, other clubs in similar situations where people are committed to a local institution that has existed throughout their lifetimes in many cases.
"I fully appreciate Sheffield Wednesday, as I do for all the clubs that over recent decades have faced collapse, or been close to going to the wall, for reasons that have nothing to do with the fans themselves."
Inquired if the oversight body could require an chairman to relinquish a club if they are deemed unsuitable, the chairman responded: "If your question is 'would we intervene in the final instance?', the answer is once we assemble the facts and comprehend the circumstances, we will."
But Kogan stressed that compelling proprietors to divest clubs would be treated as a "last resort" and the oversight body would choose to cooperate with proprietors.
"The final option we would consider is start getting involved with an specific team, an specific proprietor, without having the opportunity to collaborate with that chairman to fix the challenges confronting the team and the owner's facing," the chairman stated.
"In actuality, when you examine the past of football, over the recent generations there have been some owners, few in number, but certain individuals who have acted carelessly in the manner they have operated their clubs and ultimately refuse to accept accountability for the long-term prospects."
Owls fans have been voicing opposition to the team's chairman in recent months
'Mistakes could erase significant advances'
Kogan met with officials from numerous teams to explain the responsibilities of the oversight body this week and maintained it represented a "proactive meeting" with a "high level of engagement" from the lower divisions to the top flight.
"It's a job that's actually really important, because if we get it wrong, if the sport makes errors, the significant advances achieved could disappear swiftly," the regulator warned.
"Such an outcome is universally undesirable in the realm of domestic football is a huge success story - we've got to keep it going.
"There's an enormous amount of money coming into football and has been invested for the last 20 or 25 years, because certainty is lacking it will continue to come into football, which is among the factors explaining I think we have to adopt a precise perspective on risk and of course, of the immediate future."
Top Flight Apprehensions
The Premier League opposed the formation of an authority because of concerns about detrimental effects on the Premier League's sporting equality, but Kogan said: "I'm absolutely committed to the achievement and development as an financial organization of the Premier League.
"I of all people understand the concern of undermining the division as a high-quality offering of this country. But simultaneously, if you consult with top flight officials after the recent gathering, they would have had a high level of reassurance -and, in fact, they have been advising us privately they have a considerable comfort."
Political Connections
Kogan is still facing a "comprehensive investigation" by the public appointments commissioner after he disclosed making donations to the political party in recent years.
The official donated money to government minister the minister's leadership bid, along with that of the now Prime Minister Sir Keir Starmer.
"I have been entirely transparent regarding my former ideological connection [with Labour], and that political affiliation came to an end the day the parliamentary committee confirmed my selection," the regulator explained.
"I currently have no participation in any sort of politics."
