'We will play a key role in football's future' - newly appointed regulator the new chairman
The Championship club's ongoing struggles represent a a "serious issue" and the new football authority is seeking powers to examine team situations in such situations, its new chair the official has declared.
During an extensive discussion, the chairman, who was recently selected, showed understanding towards supporters of the Owls.
The chairman convened with four fan organizations associated with the South Yorkshire club this week.
The team have been facing challenges both on and off the pitch in the current year, with the club failing to pay players on time on five separate occasions, including in the autumn.
"Evidently Wednesday represents a significant problem for EFL and a significant problem for football," the regulator explained.
"Sheffield Wednesday is one of the great brands for the English game and in recent days we have met fan representatives.
"We're now looking to get powers... which will enable us to take the club and similar situations referred to us if they need to be investigated and dealt with."
Monetary Issues and Leadership Concerns
Wednesday's embattled owner the current owner suggested earlier this year he would be willing to sell up at the stadium, but he has failed to complete a sale with interested parties.
Failure to pay player wages on time in spring months resulted in restrictions being imposed by the English Football League (EFL) in June, blocking the team from conducting any transfers or loans for the following recruitment periods, although those limitations were removed in August.
Regulator's Perspective
The regulator explained: "The position was created for the fans of Sheffield Wednesday, teams facing challenges where fans are dedicated to a regional establishment that has existed throughout their lifetimes in numerous instances.
"I have absolute sympathy for the club's situation, as I do for each organization that in modern times have encountered failure, or nearly ceased operations, for causes separate from the fans themselves."
When asked if the oversight body could require an owner to sell a club if they are considered unfit, the regulator answered: "Should the inquiry concern 'would we intervene in the final instance?', the reply is once we collect the information and know what's going on, we will."
But Kogan stressed that forcing owners to sell clubs would be viewed as the ultimate measure and the regulator would prefer to collaborate with owners.
"Our least desirable course of action is start getting involved with an individual club, an specific proprietor, without being in a position to cooperate with that proprietor to address the problems affecting the organization and the chairman's encountering," the chairman stated.
"However, realistically, when you examine the past of football, over the last 20 or 30 years there have been some owners, a small minority, but some who have been irresponsible in the manner they have operated their clubs and ultimately decline to assume obligation for the future."
Wednesday followers have been voicing opposition to owner Dejphon Chansiri this season
'If we get it wrong, extraordinary progress vanishes'
Kogan met with delegates from multiple organizations to detail the scope of the oversight body this week and insisted it was a "forward-thinking discussion" with a "significant participation" from the grassroots to elite level.
"It's a job that's actually really important, because should mistakes occur, if the football community fails, the extraordinary progress that's been made might evaporate 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.
"Substantial financial resources entering the sport and has come into football for the past two decades, because there's no guarantee it will keep flowing into the sport, which is among the factors explaining I think we have to maintain a focused outlook on challenges and obviously, of the immediate future."
Premier League Concerns
The Premier League opposed the creation of a regulator because of fears of a negative impact on the Premier League's sporting equality, but the regulator stated: "I completely endorse the success and growth as an commercial operation of the Premier League.
"As someone who appreciates the apprehension regarding damaging the Premier League as a premium product of this country. But at the same time, if you talk to the Premier League after today's meeting, they would have had a significant degree of comfort -and, indeed, they have been telling us in private they have a considerable comfort."
Ideological Links
The regulator remains subject to a "comprehensive investigation" by the public appointments commissioner after he revealed he contributed money to the Labour Party in recent years.
The official provided financial support for Culture Secretary the minister's leadership bid, along with that of the government leader.
"I have fully disclosed my former ideological connection [with Labour], and that political affiliation came to an end the day the parliamentary committee confirmed my selection," the chairman stated.
"I currently have no participation in any sort of politics."