'Our role is integral to football's future' - independent football regulator the regulator's chair
Sheffield Wednesday's ongoing struggles are seen as a "serious issue" and the football regulator is seeking powers to examine team situations in similar circumstances, the recently named head the regulator has announced.
Through a comprehensive talk, Kogan, who was named to the position this week, expressed "sympathy" towards Wednesday's fanbase.
Kogan met with four supporters' associations representing the Championship side this week.
The football club have been facing challenges both on and off the pitch in 2025, with the club missing wage payments on several different times, including in the autumn.
"Obviously the club has become a serious issue for football authorities and a substantial concern for English football," the regulator explained.
"The club represents 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 allow us to have Sheffield Wednesday - and other clubs brought to our attention if they warrant scrutiny and acted upon."
Financial Struggles and Ownership Situation
The club's controversial proprietor Dejphon Chansiri suggested earlier this year he would be open to selling the club at the stadium, but he has been unable to finalize an agreement with prospective buyers.
Missed wage deadlines on time in spring months caused limitations by the English Football League (EFL) in mid-year, preventing the club from carrying out any player acquisitions for the subsequent signing windows, although the ban was rescinded in the end of the transfer window.
Regulator's Perspective
The regulator explained: "The position was created for the supporters of Wednesday, teams facing challenges where supporters are loyal to a local institution that has existed throughout their lifetimes in many cases.
"I completely understand the club's situation, as I do for each organization that since 1992 have gone to the wall, or nearly ceased operations, for factors unrelated to the fans themselves."
When asked if the regulator could force an proprietor to divest a club if they are considered unfit, the chairman responded: "If your question is 'would we intervene in the final instance?', the response would be once we assemble the facts and understand the situation, we will."
But the regulator clarified that compelling proprietors to divest clubs would be considered the final option and the regulator would prefer to cooperate with proprietors.
"The last thing what we want to do is start getting involved with an particular organization, an individual owner, without having the opportunity to collaborate with that chairman to fix the challenges confronting the team and the chairman's encountering," the regulator explained.
"In actuality, when you review the record of football, over the recent generations there have been some owners, a small minority, but some who have been irresponsible in the manner they have operated their organizations and finally don't wish to take responsibility for the future."
Owls fans have been voicing opposition to the current proprietor in recent months
'Errors may undo substantial development'
The regulator engaged representatives from 110 clubs to explain the responsibilities of the regulator on Wednesday and maintained it represented a "forward-thinking discussion" with a "significant participation" from the grassroots to elite level.
"It's a job that's actually really important, because if we get it wrong, if the world of football gets it wrong, the significant advances achieved might evaporate swiftly," the chairman stated.
"And that's what nobody wants in the terms of English football is a substantial accomplishment - we've got to keep it going.
"Substantial financial resources coming into football and has been invested for the past two decades, because certainty is lacking it will persist in entering the game, which is among the factors explaining I think we have to take a really clear view on potential dangers and naturally, 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 completely endorse the prosperity and expansion as an commercial operation of the top division.
"As someone who appreciates the apprehension regarding damaging the Premier League as a premium product of England. But concurrently, if you consult with top flight officials after the recent gathering, they would have had a significant degree of comfort -and, actually, they have been advising us privately they have a considerable comfort."
Political Connections
The chairman continues to confront a "full inquiry" by the Commissioner for Public Appointments after he acknowledged providing funds to the opposition group in recent years.
The 68-year-old provided financial support for Culture Secretary the politician's campaign, along with that of the current Prime Minister.
"I have fully disclosed my previous political affiliation [with Labour], and that ideological connection terminated the day the parliamentary committee confirmed my selection," the regulator explained.
"I currently have no participation in any type of partisan engagement."