'Our role is integral to football's future' - football oversight chief the new chairman
The Championship club's ongoing struggles are seen as a "significant problem" and the football regulator is seeking powers to look into club affairs in such situations, the newly appointed chairman the regulator has stated.
During an extensive discussion, the chairman, who was recently selected, showed understanding towards supporters of the Owls.
Kogan met with four fan organizations associated with the Championship side in recent days.
The team have been struggling on and off the field in the current year, with the club delaying salary disbursements on multiple instances, including in last month.
"Obviously the club has become a major concern for the league and a major challenge for the sport," Kogan told.
"Wednesday stands as one of the historic institutions for football in England and recently we have met supporters' organizations.
"Our aim is to acquire the ability... which will enable us to take Wednesday and comparable cases referred to us if they need to be investigated and addressed."
Monetary Issues and Proprietorship Status
The club's controversial proprietor the Thai businessman suggested earlier this year he would be prepared to relinquish control at Hillsborough, but he has been unable to finalize an agreement with prospective buyers.
Failure to pay player wages on time in spring months caused limitations by the league officials in summer, preventing the club from carrying out any recruitment activities for the following recruitment periods, although those limitations were removed in late summer.
Authority's Position
Kogan said: "The job [of the regulator] is there for the supporters of Wednesday, teams facing challenges where fans are dedicated to a regional establishment that has represented their community in many cases.
"I fully appreciate Sheffield Wednesday, as I do for every team that in modern times have encountered failure, or nearly ceased operations, for causes separate from the supporters."
Questioned about whether the regulator could force an owner to sell 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 gather the evidence and comprehend the circumstances, we will."
But the regulator clarified that requiring chairmen to relinquish clubs would be viewed as the ultimate measure and the oversight body would choose to work with them.
"The final option we would consider is start getting involved with an particular organization, an individual owner, without having the opportunity to collaborate with that proprietor to address the issues that the club's facing and the proprietor's dealing with," Kogan said.
"However, realistically, when you review the record of football, over the recent generations there have been particular chairmen, few in number, but particular people who have shown negligence in the way which they've been managing their teams and eventually decline to assume obligation for the future."
Owls fans have been voicing opposition to owner Dejphon Chansiri in recent months
'If we get it wrong, extraordinary progress vanishes'
The chairman convened with officials from numerous teams to lay out the remit of the oversight body this week and insisted it was a "proactive meeting" 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 remarkable development accomplished might evaporate swiftly," the regulator warned.
"This represents everyone's worst fear in the context of the English game is a major achievement - we need to continue the progress.
"There's an enormous amount of money entering the sport and has come into football for the last 20 or 25 years, because there's no guarantee it will persist in entering the game, which is part of the rationale behind I think we have to maintain a focused outlook on potential dangers and naturally, of the next two or three years."
Top Flight Apprehensions
Top flight officials resisted the creation of a regulator because of apprehensions regarding adverse consequences on the elite division's competitive balance, but the chairman responded: "I completely endorse the achievement and development as an commercial operation of the top division.
"I of all people understand the concern of undermining the top flight as an elite competition of the nation. But concurrently, if you engage with division representatives after today's meeting, they would have had a high level of reassurance -and, in fact, they have been telling us in private they have a high level of reassurance."
Ideological Links
The chairman continues to confront a "full inquiry" by the official appointments authority after he disclosed making donations to the opposition group in recent years.
The chairman donated money to government minister the minister's leadership bid, along with that of the government leader.
"I have been entirely transparent regarding my past party membership [with Labour], and that ideological connection terminated the day the select committee approved my appointment," the chairman stated.
"I am no longer involved in any form of political activity."