'We will play a key role in football's future' - newly appointed regulator the new chairman
The team's ongoing struggles are seen as a "significant problem" and the football regulator is aiming to acquire authority to look into club affairs in comparable cases, the recently named head the regulator has announced.
During an extensive discussion, Kogan, who was appointed on Monday, voiced concern towards the club's followers.
The chairman convened with four fan organizations representing the Championship side this week.
The football club have been struggling on and off the field in this season, with the club delaying salary disbursements on several different times, including in last month.
"Evidently Wednesday represents a serious issue for football authorities and a major challenge for the sport," the regulator explained.
"Wednesday stands as one of the historic institutions for the English game and this week we have met supporters' organizations.
"Our aim is to acquire the ability... which will allow us to have Wednesday and comparable cases brought to our attention if they warrant scrutiny and dealt with."
Financial Struggles and Ownership Situation
The team's struggling chairman the Thai businessman indicated in the summer he would be open to selling the club at their home ground, but he has not been able to secure a deal with potential new owners.
Missed wage deadlines on time in earlier this year led to sanctions by the football authorities in June, preventing the club from carrying out any recruitment activities for the following recruitment periods, although those limitations were removed in August.
Authority's Position
Kogan said: "The position was created for the supporters of Wednesday, teams facing challenges where supporters are loyal to a community organization that has represented their community in numerous instances.
"I have absolute sympathy for Sheffield Wednesday, as I do for each organization that since 1992 have gone to the wall, or nearly ceased operations, for factors unrelated to the followers."
Inquired if the regulator could force an chairman to relinquish a club if they are considered unfit, the chairman responded: "Should the inquiry concern 'would we intervene in the final instance?', the reply is once we assemble the facts and understand the situation, we will."
But the regulator clarified that requiring chairmen to relinquish clubs would be viewed as the ultimate measure and the regulator would prefer to collaborate with owners.
"The final option we would consider is commence engagement with an specific team, an individual owner, without being in a position to cooperate with that proprietor to address the problems affecting the organization and the chairman's encountering," the regulator explained.
"However, realistically, when you look back over the history of the game, over the past few decades there have been certain proprietors, a small minority, but particular people who have shown negligence in the way which they've been managing their clubs and ultimately refuse to accept accountability for the long-term prospects."
Owls fans have been demonstrating against owner Dejphon Chansiri during the current campaign
'Mistakes could erase significant advances'
The regulator engaged representatives from 110 clubs to lay out the remit of the authority recently and maintained it represented a "progressive gathering" with a "significant participation" from the lower divisions to the top flight.
"This position carries substantial significance, because should mistakes occur, if the sport makes errors, the significant advances achieved could disappear incredibly quickly," Kogan said.
"Such an outcome is universally undesirable in the context of the English game is a huge success story - we need to continue the progress.
"There's an enormous amount of money coming into football and has been channeled for the recent generations, because certainty is lacking it will keep flowing into the sport, which is part of the rationale behind I think we have to maintain a focused outlook on risk and of course, of the coming seasons."
Top Flight Apprehensions
Elite division representatives objected to the establishment of an oversight body because of concerns about detrimental effects on the Premier League's sporting equality, but the regulator stated: "I completely endorse the prosperity and expansion as an commercial operation of the Premier League.
"I of all people understand the concern of undermining the top flight as an elite competition of the nation. But at the same time, if you engage with division representatives after the recent gathering, they would have had a substantial amount of confidence -and, indeed, they have been advising us privately they have a high level of reassurance."
Ideological Links
The regulator remains subject to a "comprehensive investigation" by the official appointments authority after he acknowledged providing funds to the political party in recent years.
The 68-year-old donated money to Secretary of State for Culture, Media and Sport the politician's campaign, along with that of the government leader.
"I have fully disclosed my previous political affiliation [with Labour], and that ideological connection terminated the day the select committee approved my appointment," the chairman stated.
"I am presently disconnected from any sort of politics."
