'Our role is integral to football's future' - independent football regulator the new chairman
The Championship club's current difficulties represent a a "significant problem" and the football regulator is looking to gain the ability to examine team situations in similar circumstances, the recently named head the official has declared.
In a wide-ranging interview, the chairman, who was recently selected, showed understanding towards the club's followers.
The chairman convened with four fan organizations representing the football team this week.
The Championship side have been experiencing difficulties in multiple areas in the current year, with the club missing wage payments on multiple instances, including in last month.
"Clearly Sheffield Wednesday has been a significant problem for EFL and a major challenge for the sport," the chairman stated.
"Sheffield Wednesday is one of the historic institutions for English football and this week we have met fan representatives.
"Our aim is to acquire the ability... which will enable us to take the club and similar situations brought to our attention if they need to be investigated and dealt with."
Financial Struggles and Proprietorship Status
The club's controversial proprietor Dejphon Chansiri indicated in the summer he would be prepared to relinquish control at their home ground, but he has been unable to finalize an agreement with potential new owners.
Missed wage deadlines on time in March and May resulted in restrictions being imposed by the English Football League (EFL) in June, stopping Wednesday from completing any recruitment activities for the following recruitment periods, although the ban was rescinded in the end of the transfer window.
Authority's Position
Kogan said: "The job [of the regulator] is there for the supporters of Wednesday, other clubs in similar situations where people are committed to a regional establishment that has been part of their lives in numerous instances.
"I completely understand the team's plight, as I do for each organization that in modern times have encountered failure, or nearly ceased operations, for causes separate from the fans themselves."
Inquired if the authority might compel an owner to sell a club if they are deemed unsuitable, the regulator answered: "If your question is 'would we intervene in the final instance?', the reply is once we gather the evidence and comprehend the circumstances, we will."
But the regulator clarified that requiring chairmen to relinquish clubs would be considered the final option and the authority would rather to cooperate with proprietors.
"The final option we would consider is begin intervening in an specific team, an specific proprietor, without having the opportunity to collaborate with that owner to try and resolve the challenges confronting the team and the proprietor's dealing with," the regulator explained.
"But the truth is, when you look back over the history of football, over the past few decades there have been certain proprietors, few in number, but some who have been irresponsible in the approach they have taken toward their organizations and finally refuse to accept accountability for the coming years."
Owls fans have been protesting against owner Dejphon Chansiri this season
'Mistakes could erase significant advances'
The chairman convened with officials from numerous teams to explain the responsibilities of the authority recently and maintained it represented a "forward-thinking discussion" with a "high level of engagement" from the lower divisions to the top flight.
"This position carries substantial significance, because if errors are made, if the sport makes errors, the significant advances achieved necessary will vanish rapidly," the chairman stated.
"This represents everyone's worst fear in the terms of English football is a substantial accomplishment - we must maintain momentum.
"Substantial financial resources flowing into the game and has been channeled for the recent generations, because there's no guarantee it will keep flowing into the sport, which is part of the rationale behind I think we have to take a really clear view on risk and of course, of the coming seasons."
Top Flight Apprehensions
The Premier League opposed the creation of a regulator because of apprehensions regarding adverse consequences on the Premier League's sporting equality, but the chairman responded: "I fully support the achievement and development as an financial organization of the elite league.
"As someone who appreciates the concern of undermining the top flight as an elite competition of the nation. But concurrently, if you consult with top flight officials after today's meeting, they would have had a significant degree of comfort -and, in fact, they have been advising us privately they have a high level of reassurance."
Ideological Links
The regulator remains subject to a "full inquiry" by the Commissioner for Public Appointments after he disclosed making donations to the political party in the past.
The chairman contributed funds to Secretary of State for Culture, Media and Sport the politician's campaign, along with that of the government leader.
"I've been completely open about my past party membership [with Labour], and that political affiliation came to an end the day the parliamentary committee confirmed my selection," the chairman stated.
"I am no longer involved in any form of political activity."