'We are going to be a part of football's future' - newly appointed regulator the regulator's chair
The Championship club's current difficulties are seen as a "major concern" and the new football authority is aiming to acquire authority to examine team situations in such situations, the recently named head the regulator has stated.
In a wide-ranging interview, Kogan, who was appointed on Monday, showed understanding towards supporters of the Owls.
The chairman convened with four supporters' associations associated with the Championship side this week.
The Championship side have been facing challenges both on and off the pitch in 2025, with the club delaying salary disbursements on five separate occasions, including in last month.
"Clearly Sheffield Wednesday has been a major concern for the league and a substantial concern for English football," Kogan told.
"The club represents one of the great brands for English football and in recent days we have met supporters' organizations.
"We're now looking to get powers... which will enable us to take Wednesday and comparable cases referred to us if they warrant scrutiny and dealt with."
Financial Struggles and Leadership Concerns
Wednesday's embattled owner the Thai businessman suggested earlier this year he would be open to selling the club at Hillsborough, but he has been unable to finalize an agreement with potential new owners.
Missed wage deadlines on time in earlier this year caused limitations by the football authorities in summer, blocking the team from conducting any transfers or loans for the subsequent signing windows, although that restriction was lifted in August.
Authority's Position
Kogan said: "Our role exists to serve the supporters of Wednesday, teams facing challenges where supporters are loyal to a community organization that has represented their community in many cases.
"I have absolute sympathy for Sheffield Wednesday, as I do for every team that over recent decades have faced collapse, or nearly ceased operations, for causes separate from the fans themselves."
Questioned about whether the regulator could force an owner to sell a club if they are deemed unsuitable, the regulator answered: "Should the inquiry concern 'would we intervene in the final instance?', the reply is once we gather the evidence and know what's going on, we will."
But the regulator clarified that forcing owners to sell clubs would be considered the final option and the oversight body would choose to cooperate with proprietors.
"The last thing what we want to do is start getting involved with an particular organization, an specific proprietor, 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.
"But the truth is, when you look back over the history of football, over the past few decades there have been some owners, a small minority, but particular people who have shown negligence in the way which they've been managing their teams and eventually refuse to accept accountability for the coming years."
Owls fans have been voicing opposition to owner Dejphon Chansiri in recent months
'Errors may undo substantial development'
The chairman convened with delegates from multiple organizations to explain the responsibilities of the regulator on Wednesday and stated it constituted a "proactive meeting" with a "significant participation" 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 incredibly quickly," the chairman stated.
"And that's what nobody wants in the realm of domestic football is a huge success story - we must maintain momentum.
"Considerable investment coming into football and has been invested for the recent generations, because there are no assurances it will continue to come into football, which is part of the rationale behind I think we have to adopt a precise perspective on risk and of course, of the next two or three years."
Elite Division Worries
The Premier League opposed the creation of a regulator because of fears of a negative impact on the elite division's competitive balance, but Kogan said: "I completely endorse the success and growth as an financial organization of the Premier League.
"As someone who appreciates the worry about compromising the Premier League as a premium product of England. But simultaneously, if you consult with top flight officials after the recent gathering, they would have had a high level of reassurance -and, indeed, they have been telling us in private they have a significant confidence."
Ideological Links
The regulator remains subject to a "full inquiry" by the official appointments authority after he disclosed making donations to the Labour Party in recent years.
The official provided financial support for Secretary of State for Culture, Media and Sport the politician's campaign, along with that of the now Prime Minister Sir Keir Starmer.
"I have been entirely transparent regarding my past party membership [with Labour], and that political affiliation came to an end the day the official body endorsed my nomination," the regulator explained.
"I currently have no participation in any form of political activity."
