'We are going to be a part of football's future' - newly appointed regulator the new chairman
Sheffield Wednesday's persistent issues represent a a "serious issue" and the independent regulator is aiming to acquire authority to examine team situations in similar circumstances, the recently named head the regulator has declared.
During an extensive discussion, Kogan, who was appointed on Monday, expressed "sympathy" towards the club's followers.
Kogan met with four supporters' associations associated with the Championship side in recent days.
The Championship side have been struggling on and off the field in this season, with the club missing wage payments on several different times, including in September.
"Clearly Sheffield Wednesday has been a major concern for the league and a major challenge for the sport," the chairman stated.
"The club represents one of the historic institutions for English football and in recent days we have met fan representatives.
"We are seeking authority... which will enable us to take Sheffield Wednesday - and other clubs referred to us if they need to be investigated and dealt with."
Financial Struggles and Leadership Concerns
Wednesday's embattled owner the current owner indicated in the summer he would be willing to sell up at the stadium, but he has been unable to finalize an agreement with potential new owners.
Missed wage deadlines on time in earlier this year led to sanctions by the league officials in summer, stopping Wednesday from completing any transfers or loans for the following recruitment periods, although that restriction was lifted in the end of the transfer window.
Official's Viewpoint
The regulator explained: "The job [of the regulator] is there for the Owls followers, Bury or any football club where supporters are loyal to a local institution that has been part of their lives in multiple situations.
"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 factors unrelated to the fans themselves."
When asked if the oversight body could require an proprietor to divest a club if they are considered unfit, the regulator answered: "Should the inquiry concern 'would we intervene in the final instance?', the answer is once we collect the information and understand the situation, we will."
But Kogan stressed that forcing owners to sell clubs would be viewed as the ultimate measure and the oversight body would choose to work with them.
"Our least desirable course of action is commence engagement with an specific team, an particular chairman, without having the opportunity to collaborate with that proprietor to address the issues that the club's facing and the chairman's encountering," Kogan said.
"In actuality, when you review the record of football, over the recent generations there have been certain proprietors, few in number, but some who have been irresponsible in the manner they have operated their teams and eventually decline to assume obligation for the long-term prospects."
Owls fans have been voicing opposition to the team's chairman this season
'Mistakes could erase significant advances'
Kogan met with representatives from 110 clubs to explain the responsibilities of the regulator on Wednesday and stated it constituted a "proactive meeting" with a "significant participation" from the grassroots to elite level.
"This position carries substantial significance, because if errors are made, if the sport makes errors, the remarkable development accomplished could disappear incredibly quickly," the regulator warned.
"And that's what nobody wants in the realm of domestic football is a substantial accomplishment - we must maintain momentum.
"There's an enormous amount of money coming into football and has come into football for the last 20 or 25 years, because there are no assurances it will persist in entering the game, which is among the factors explaining I think we have to adopt a precise perspective on challenges and obviously, of the coming seasons."
Top Flight Apprehensions
Elite division representatives objected to the establishment of an oversight body because of apprehensions regarding adverse consequences on the elite division's competitive balance, but Kogan said: "I fully support the success and growth 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 talk to the Premier League after today's meeting, they would have had a high level of reassurance -and, indeed, they have been informing us confidentially they have a significant confidence."
Political Connections
The regulator remains subject to a "full inquiry" by the Commissioner for Public Appointments after he disclosed making donations to the opposition group in the past.
The chairman contributed funds to government minister Lisa Nandy's leadership campaign, along with that of the now Prime Minister Sir Keir Starmer.
"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," Kogan said.
"I am no longer involved in any type of partisan engagement."