'Our role is integral to football's future' - newly appointed regulator the regulator's chair
Sheffield Wednesday's persistent issues are seen as a "major concern" and the football regulator is aiming to acquire authority to examine team situations in similar circumstances, its new chair the regulator has stated.
During an extensive discussion, the chairman, who was appointed on Monday, voiced concern towards Wednesday's fanbase.
Kogan met with four supporter groups connected to the Championship side this week.
The football club have been struggling on and off the field in 2025, with the club missing wage payments on multiple instances, including in last month.
"Evidently Wednesday represents a major concern for the league and a significant problem for football," the chairman stated.
"The club represents one of the iconic names 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 Sheffield Wednesday - and other clubs referred to us if they need to be investigated and dealt with."
Financial Struggles and Ownership Situation
The club's controversial proprietor Dejphon Chansiri suggested earlier this year he would be willing to sell up at their home ground, but he has been unable to finalize an agreement with interested parties.
Delayed salary payments on time in spring months resulted in restrictions being imposed by the league officials in June, preventing the club from carrying out any player acquisitions for the next three transfer windows, although the ban was rescinded in August.
Authority's Position
The regulator explained: "Our role exists to serve the Owls followers, teams facing challenges where fans are dedicated to a regional establishment that has been part of their lives in many cases.
"I have absolute sympathy for the club's situation, as I do for each organization that over recent decades have faced collapse, or nearly ceased operations, for reasons that have nothing to do with the fans themselves."
When asked if the authority might compel an chairman to relinquish a club if they are judged inappropriate, the regulator answered: "Should the inquiry concern 'would we intervene in the final instance?', the answer is once we gather the evidence 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 authority would rather to work with them.
"The final option we would consider is begin intervening in an specific team, an specific proprietor, without being able to work with that owner to try and resolve the challenges confronting the team and the chairman's encountering," the regulator explained.
"However, realistically, when you review the record of football, over the recent generations there have been particular chairmen, a small minority, but some who have been irresponsible in the approach they have taken toward their teams and eventually refuse to accept accountability for the future."
Wednesday followers have been protesting against the current proprietor during the current campaign
'If we get it wrong, extraordinary progress vanishes'
The regulator engaged officials from numerous teams to lay out the remit of the regulator on Wednesday and maintained it represented a "forward-thinking discussion" with a "high level of engagement" from the National League to the Premier League.
"It's a job that's actually really important, because should mistakes occur, if the football community fails, the remarkable development accomplished necessary will vanish rapidly," Kogan said.
"And that's what nobody wants in the realm of domestic football is a huge success story - we've got to keep it going.
"Considerable investment coming into football and has come into football for the last 20 or 25 years, because certainty is lacking it will persist in entering the game, which is part of the rationale behind I think we have to maintain a focused outlook on risk and of course, of the next two or three years."
Elite Division Worries
Elite division representatives objected to the establishment of an oversight body because of fears of a negative impact on the Premier League's sporting equality, but the regulator stated: "I fully support the achievement and development as an commercial operation of the top division.
"As someone who appreciates the worry about compromising the division as a high-quality offering of the nation. But simultaneously, if you talk to the Premier League after this week's discussion, they would have had a high level of reassurance -and, in fact, they have been informing us confidentially they have a significant confidence."
Political Connections
Kogan is still facing a "full inquiry" by the public appointments commissioner after he revealed he contributed money to the opposition group in the past.
The 68-year-old contributed funds to Culture Secretary the politician's campaign, along with that of the current Prime Minister.
"I've been completely open about my previous political affiliation [with Labour], and that party membership ceased the day the official body endorsed my nomination," Kogan said.
"I am no longer involved in any sort of politics."