'We are going to be a part of football's future' - independent football regulator the new chairman
The team's ongoing struggles are seen as a "major concern" and the independent regulator is aiming to acquire authority to examine team situations in such situations, the recently named head the official has declared.
Through a comprehensive talk, the regulator, who was appointed on Monday, voiced concern towards Wednesday's fanbase.
The chairman convened with four supporters' associations connected to the football team recently.
The football club have been experiencing difficulties in multiple areas in 2025, with the club missing wage payments on five separate occasions, including in the autumn.
"Evidently Wednesday represents a serious issue for football authorities and a significant problem for football," Kogan told.
"Sheffield Wednesday is one of the iconic names for football in England and recently we have met Sheffield Wednesday supporters' groups.
"Our aim is to acquire the ability... which will allow us to have the club and similar situations submitted for our review if they need to be investigated and addressed."
Financial Struggles and Proprietorship Status
The club's controversial proprietor Dejphon Chansiri suggested earlier this year he would be open to selling the club at their home ground, but he has failed to complete a sale with prospective buyers.
Failure to pay player wages on time in March and May led to sanctions by the English Football League (EFL) in summer, blocking the team from conducting any player acquisitions for the subsequent signing windows, although that restriction was lifted in late summer.
Regulator's Perspective
Kogan said: "Our role exists to serve the fans of Sheffield Wednesday, other clubs in similar situations where people are committed to a local institution that has existed throughout their lifetimes in numerous instances.
"I fully appreciate the team's plight, as I do for every team that since 1992 have gone to the wall, or nearly ceased operations, for causes separate from the followers."
Questioned about whether the oversight body could require an owner to sell a club if they are deemed unsuitable, the regulator answered: "When asking whether 'would we intervene in the final instance?', the response would be once we gather the evidence and comprehend the circumstances, we will."
But the chairman emphasized that compelling proprietors to divest clubs would be viewed as the ultimate measure and the regulator would prefer to cooperate with proprietors.
"The final option we would consider is start getting involved with an individual club, an particular chairman, without having the opportunity to collaborate with that proprietor to address the problems affecting the organization and the chairman's encountering," the regulator explained.
"In actuality, when you examine the past of football, over the recent generations there have been some owners, few in number, but some who have been irresponsible in the approach they have taken toward their organizations and finally refuse to accept accountability for the coming years."
Owls fans have been demonstrating against the current proprietor this season
'If we get it wrong, extraordinary progress vanishes'
Kogan met with delegates from multiple organizations to lay out the remit of the oversight body this week 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 errors are made, if the football community fails, the extraordinary progress that's been made necessary will vanish incredibly quickly," the regulator warned.
"And that's what nobody wants in the realm of domestic football is a major achievement - we must maintain momentum.
"There's an enormous amount of money entering the sport and has been channeled for the last 20 or 25 years, because there's no guarantee it will keep flowing into the sport, which is among the factors explaining I think we have to adopt a precise perspective on potential dangers and naturally, of the next two or three years."
Premier League Concerns
The Premier League opposed the creation of a regulator because of concerns about detrimental effects on the elite division's competitive balance, but the chairman responded: "I'm absolutely committed to the success and growth as an economic entity of the Premier League.
"As someone who appreciates the worry about compromising the Premier League as a premium product of England. But concurrently, if you consult with top flight officials after this week's discussion, they would have had a significant degree of comfort -and, actually, they have been informing us confidentially they have a significant confidence."
Partisan Associations
The chairman continues to confront a "full inquiry" by the Commissioner for Public Appointments after he revealed he contributed money to the opposition group in 2020.
The official provided financial support for Culture Secretary Lisa Nandy's leadership campaign, along with that of the government leader.
"I have been entirely transparent regarding my former ideological connection [with Labour], and that ideological connection terminated the day the select committee approved my appointment," Kogan said.
"I currently have no participation in any form of political activity."
