'Our role is integral to football's future' - newly appointed regulator the regulator's chair
The Championship club's persistent issues constitute a "major concern" and the new football authority is seeking powers to investigate clubs in similar circumstances, the recently named head the official has declared.
In a wide-ranging interview, Kogan, who was named to the position this week, showed understanding towards supporters of the Owls.
Kogan met with four supporters' associations representing the South Yorkshire club recently.
The team 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.
"Clearly Sheffield Wednesday has been a serious issue for football authorities and a significant problem for football," the chairman stated.
"The club represents one of the iconic names for the English game and recently we have met Sheffield Wednesday supporters' groups.
"Our aim is to acquire the ability... which will allow us to have Sheffield Wednesday - and other clubs brought to our attention if they require examination and addressed."
Monetary Issues and Ownership Situation
The club's controversial proprietor the Thai businessman indicated in the summer he would be open to selling the club at the stadium, but he has been unable to finalize an agreement with prospective buyers.
Failure to pay player wages on time in earlier this year resulted in restrictions being imposed by the football authorities in summer, blocking the team from conducting any player acquisitions for the following recruitment periods, although those limitations were removed in the end of the transfer window.
Authority's Position
Kogan said: "The position was created for the supporters of Wednesday, other clubs in similar situations where people are committed to a regional establishment that has existed throughout their lifetimes in multiple situations.
"I have absolute sympathy for the club's situation, as I do for all the clubs that over recent decades have faced collapse, or nearly ceased operations, for factors unrelated to the supporters."
Questioned about whether the regulator could force an proprietor to divest a club if they are considered unfit, the chairman responded: "When asking whether 'would we intervene in the final instance?', the response would be once we assemble the facts and understand the situation, we will."
But Kogan stressed that forcing owners to sell clubs would be treated as a "last resort" and the oversight body would choose to cooperate with proprietors.
"The last thing what we want to do is begin intervening in an particular organization, an individual owner, without being in a position to cooperate with that owner to try and resolve the challenges confronting the team and the proprietor's dealing with," the chairman stated.
"However, realistically, when you review the record of the sport, over the recent generations there have been some owners, few in number, but certain individuals who have acted carelessly in the manner they have operated their clubs and ultimately don't wish to take responsibility for the future."
Owls fans have been demonstrating against owner Dejphon Chansiri during the current campaign
'Errors may undo substantial development'
Kogan met with officials from numerous teams to detail the scope of the authority recently and insisted it was a "forward-thinking discussion" with a "significant participation" from the National League to the Premier League.
"The role holds considerable importance, because if we get it wrong, if the world of football gets it wrong, the remarkable development accomplished might evaporate rapidly," the chairman stated.
"Such an outcome is universally undesirable in the terms of English football is a major achievement - we've got to keep it going.
"Considerable investment coming into football and has been invested for the last 20 or 25 years, because there are no assurances it will continue to come into football, which is among the factors explaining I think we have to take a really clear view on challenges and obviously, of the immediate future."
Premier League Concerns
Elite division representatives objected to the establishment of an oversight body because of concerns about detrimental effects on the top-flight's competitiveness, but the chairman responded: "I fully support the prosperity and expansion as an commercial operation of the Premier League.
"I of all people understand the apprehension regarding damaging the division as a high-quality offering of this country. But simultaneously, if you talk to the Premier League after this week's discussion, they would have had a substantial amount of confidence -and, indeed, they have been informing us confidentially they have a considerable comfort."
Partisan Associations
The chairman continues to confront a "full inquiry" by the Commissioner for Public Appointments after he disclosed making donations to the political party in 2020.
The official 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 previous political affiliation [with Labour], and that party membership ceased the day the official body endorsed my nomination," the chairman stated.
"I am presently disconnected from any sort of politics."