'Our role is integral to football's future' - independent football regulator the new chairman
The team's ongoing struggles represent a a "serious issue" and the independent regulator is looking to gain the ability to examine team situations in similar circumstances, the newly appointed chairman the official has stated.
In a wide-ranging interview, Kogan, who was recently selected, expressed "sympathy" towards supporters of the Owls.
Kogan met with four supporter groups associated with the Championship side this week.
The Championship side have been experiencing difficulties in multiple areas in 2025, with the club failing to pay players on time on several different times, including in last month.
"Evidently Wednesday represents a significant problem for EFL and a significant problem for football," Kogan told.
"Wednesday stands as one of the iconic names for football in England and this week we have met fan representatives.
"Our aim is to acquire the ability... which will permit us to bring Wednesday and comparable cases submitted for our review if they warrant scrutiny and acted upon."
Monetary Issues and Proprietorship Status
The team's struggling chairman the Thai businessman indicated in the summer he would be prepared to relinquish control at Hillsborough, but he has not been able to secure a deal with prospective buyers.
Missed wage deadlines on time in March and May caused limitations by the English Football League (EFL) in June, preventing the club from carrying out any transfers or loans for the following recruitment periods, although those limitations were removed in late summer.
Official's Viewpoint
The chairman stated: "Our role exists to serve the Owls followers, Bury or any football club where people are committed to a community organization that has been part of their lives in multiple situations.
"I have absolute sympathy for Sheffield Wednesday, as I do for every team that over recent decades have faced collapse, or nearly ceased operations, for causes separate from the fans themselves."
When asked if the regulator could force an owner to sell a club if they are judged inappropriate, the chairman responded: "When asking whether '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 compelling proprietors to divest clubs would be considered the final option and the oversight body would choose to cooperate with proprietors.
"The last thing what we want to do is commence engagement with an specific team, an particular chairman, without having the opportunity to collaborate with that proprietor to address the challenges confronting the team and the owner's facing," Kogan said.
"In actuality, when you look back over the history of the game, over the last 20 or 30 years there have been some owners, few in number, but some who have been irresponsible in the way which they've been managing their organizations and finally don't wish to take responsibility for the future."
Owls fans have been demonstrating against owner Dejphon Chansiri in recent months
'If we get it wrong, extraordinary progress vanishes'
The regulator engaged delegates from multiple organizations to explain the responsibilities of the regulator on Wednesday and insisted it was a "forward-thinking discussion" with a "high level of engagement" from the lower divisions to the top flight.
"The role holds considerable importance, because should mistakes occur, if the sport makes errors, the significant advances achieved could disappear rapidly," the regulator warned.
"Such an outcome is universally undesirable in the context of the English game is a substantial accomplishment - we need to continue the progress.
"Substantial financial resources entering the sport and has been invested for the last 20 or 25 years, because there are no assurances it will persist in entering the game, which is one of the reasons why I think we have to maintain a focused outlook on risk and of course, of the next two or three years."
Premier League Concerns
The Premier League opposed the formation of an authority because of fears of a negative impact on the top-flight's competitiveness, but Kogan said: "I completely endorse the achievement and development as an economic entity of the top division.
"Being fully aware of the worry about compromising the division as a high-quality offering of England. But concurrently, if you consult with top flight officials after the recent gathering, they would have had a substantial amount of confidence -and, in fact, they have been advising us privately they have a significant confidence."
Ideological Links
The regulator remains subject to a "thorough examination" by the public appointments commissioner after he revealed he contributed money to the political party in 2020.
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 current Prime Minister.
"I have fully disclosed my past party membership [with Labour], and that ideological connection terminated the day the official body endorsed my nomination," Kogan said.
"I currently have no participation in any sort of politics."
