'We are going to be a part of football's future' - newly appointed regulator the new chairman
The team's ongoing struggles constitute a "significant problem" and the new football authority is aiming to acquire authority to look into club affairs in such situations, the recently named head the official has announced.
During an extensive discussion, the regulator, who was recently selected, voiced concern towards supporters of the Owls.
The regulator engaged with four supporter groups representing the Championship side this week.
The Championship side have been struggling on and off the field in the current year, with the club missing wage payments on five separate occasions, including in last month.
"Obviously the club has become a serious issue for football authorities and a substantial concern for English football," Kogan told.
"Wednesday stands as one of the great brands for English football and in recent days we have met supporters' organizations.
"We are seeking authority... which will permit us to bring Sheffield Wednesday - and other clubs referred to us if they require examination and dealt with."
Monetary Issues and Ownership Situation
Wednesday's embattled owner Dejphon Chansiri indicated in the summer he would be willing to sell up at their home ground, but he has been unable to finalize an agreement with prospective buyers.
Missed wage deadlines on time in spring months resulted in restrictions being imposed by the football authorities in mid-year, stopping Wednesday from completing any player acquisitions for the next three transfer windows, although that restriction was lifted in August.
Official's Viewpoint
Kogan said: "Our role exists to serve the Owls followers, other clubs in similar situations where people are committed to a regional establishment that has existed throughout their lifetimes in numerous instances.
"I completely understand the club's situation, as I do for every team that over recent decades have faced collapse, or nearly ceased operations, for reasons that have nothing to do with the fans themselves."
Questioned about whether the oversight body could require an chairman to relinquish a club if they are considered unfit, Kogan said: "When asking whether 'would we intervene in the final instance?', the answer is once we collect the information and understand the situation, we will."
But the chairman emphasized that compelling proprietors to divest clubs would be treated as a "last resort" and the regulator would prefer to cooperate with proprietors.
"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 owner to try and resolve the problems affecting the organization and the chairman's encountering," Kogan said.
"However, realistically, when you look back over the history of the sport, over the last 20 or 30 years there have been some owners, few in number, but certain individuals who have acted carelessly 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 during the current campaign
'Mistakes could erase significant advances'
Kogan met with representatives from 110 clubs to detail the scope of the authority recently and insisted it was a "forward-thinking discussion" with a "substantial involvement" from the grassroots to elite level.
"This position carries substantial significance, because if we get it wrong, if the sport makes errors, the remarkable development accomplished could disappear rapidly," the chairman stated.
"This represents everyone's worst fear in the terms of English football is a major achievement - we've got to keep it going.
"There's an enormous amount of money coming into football and has been channeled for the past two decades, because there's no guarantee it will continue to come into football, which is one of the reasons why I think we have to maintain a focused outlook on potential dangers and naturally, of the coming seasons."
Elite Division Worries
Elite division representatives objected to the establishment of an oversight body because of apprehensions regarding adverse consequences on the Premier League's sporting equality, but Kogan said: "I fully support the success and growth as an financial organization of the top division.
"Being fully aware of the apprehension regarding damaging the division as a high-quality offering of this country. But at the same time, if you consult with top flight officials after this week's discussion, they would have had a significant degree of comfort -and, in fact, they have been telling us in private they have a significant confidence."
Partisan Associations
Kogan is still facing a "thorough examination" by the public appointments commissioner after he disclosed making donations to the Labour Party in the past.
The 68-year-old provided financial support for Secretary of State for Culture, Media and Sport the minister's leadership bid, along with that of the government leader.
"I've been completely open about my past party membership [with Labour], and that party membership ceased the day the select committee approved my appointment," the chairman stated.
"I am no longer involved in any sort of politics."
