'Our role is integral to football's future' - football oversight chief the regulator's chair
Sheffield Wednesday's persistent issues are seen as a "serious issue" and the football regulator is seeking powers to investigate clubs in similar circumstances, its new chair the official has stated.
In a wide-ranging interview, the regulator, who was named to the position this week, expressed "sympathy" towards the club's followers.
The chairman convened with four fan organizations representing the Championship side this week.
The team have been experiencing difficulties in multiple areas in 2025, with the club delaying salary disbursements on five separate occasions, including in September.
"Obviously the club has become a major concern for the league and a significant problem for football," the chairman stated.
"Sheffield Wednesday is one of the iconic names for football in England and recently we have met fan representatives.
"We are seeking authority... which will enable us to take Sheffield Wednesday - and other clubs brought to our attention if they warrant scrutiny and addressed."
Monetary Issues and Ownership Situation
Wednesday's embattled owner the current owner indicated in the summer he would be prepared to relinquish control at the stadium, but he has been unable to finalize an agreement with potential new owners.
Failure to pay player wages on time in spring months resulted in restrictions being imposed by the football authorities in summer, blocking the team from conducting any recruitment activities for the subsequent signing windows, although those limitations were removed in August.
Official's Viewpoint
The regulator explained: "The position was created for the fans of Sheffield Wednesday, Bury or any football club where fans are dedicated to a regional establishment that has represented their community in multiple situations.
"I have absolute sympathy for the team's plight, as I do for each organization that over recent decades have faced collapse, or approached financial ruin, for reasons that have nothing to do with the fans themselves."
Inquired if the regulator could force an proprietor to divest a club if they are considered unfit, Kogan said: "If your question is 'would we intervene in the final instance?', the response would be once we collect the information and know what's going on, we will."
But the regulator clarified that compelling proprietors to divest clubs would be considered the final option and the authority would rather to work with them.
"Our least desirable course of action is begin intervening in an specific team, an individual owner, without being in a position to cooperate with that owner to try and resolve the challenges confronting the team and the owner's facing," the chairman stated.
"But the truth is, when you examine the past of the game, over the past few decades there have been particular chairmen, a small minority, but particular people who have shown negligence in the manner they have operated their clubs and ultimately don't wish to take responsibility for the future."
Owls fans have been voicing opposition to the current proprietor during the current campaign
'Mistakes could erase significant advances'
Kogan met with delegates from multiple organizations to explain the responsibilities of the authority recently and insisted it was a "forward-thinking discussion" with a "high level of engagement" from the lower divisions to the top flight.
"It's a job that's actually really important, because if we get it wrong, if the world of football gets it wrong, the remarkable development accomplished might evaporate rapidly," the regulator warned.
"This represents everyone's worst fear in the context of the English game is a major achievement - we've got to keep it going.
"There's an enormous amount of money entering the sport and has come into football for the recent generations, because there's no guarantee it will continue to come into football, which is part of the rationale behind I think we have to adopt a precise perspective on challenges and obviously, of the immediate future."
Elite Division Worries
The Premier League opposed the formation of an authority because of fears of a negative impact on the elite division's competitive balance, but the regulator stated: "I'm absolutely committed to the prosperity and expansion as an financial organization of the Premier League.
"Being fully aware of the apprehension regarding damaging the Premier League as a premium product of England. But concurrently, if you engage with division representatives after today's meeting, they would have had a high level of reassurance -and, indeed, they have been informing us confidentially they have a considerable comfort."
Political Connections
The regulator remains subject to a "full inquiry" by the Commissioner for Public Appointments after he revealed he contributed money to the political party in the past.
The chairman contributed funds to government minister the minister's leadership bid, along with that of the government leader.
"I have fully disclosed my previous political affiliation [with Labour], and that ideological connection terminated the day the official body endorsed my nomination," Kogan said.
"I currently have no participation in any form of political activity."