'We will play a key role in football's future' - independent football regulator the new chairman
The Championship club's ongoing struggles represent a a "significant problem" and the new football authority is aiming to acquire authority to investigate clubs in similar circumstances, the newly appointed chairman the official has stated.
Through a comprehensive talk, Kogan, who was appointed on Monday, showed understanding towards the club's followers.
The chairman convened with four supporters' associations associated with the Championship side recently.
The team have been struggling on and off the field in this season, with the club delaying salary disbursements on several different times, including in September.
"Evidently Wednesday represents a serious issue for football authorities and a significant problem for football," Kogan told.
"Wednesday stands as one of the iconic names for football in England and recently we have met Sheffield Wednesday supporters' groups.
"We are seeking authority... which will allow us to have Wednesday and comparable cases submitted for our review if they require examination and acted upon."
Financial Struggles and Ownership Situation
Wednesday's embattled owner the Thai businessman suggested earlier this year he would be willing to sell up at their home ground, but he has not been able to secure a deal with interested parties.
Failure to pay player wages on time in spring months caused limitations by the English Football League (EFL) in summer, stopping Wednesday from completing any transfers or loans for the subsequent signing windows, although those limitations were removed in late summer.
Authority's Position
Kogan said: "Our role exists to serve the Owls followers, other clubs in similar situations where people are committed to a local institution that has existed throughout their lifetimes in many cases.
"I completely understand Sheffield Wednesday, as I do for all the clubs that in modern times have encountered failure, or nearly ceased operations, for factors unrelated to the supporters."
Inquired if the oversight body could require an owner to sell a club if they are deemed unsuitable, the regulator answered: "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 forcing owners to sell clubs would be treated as a "last resort" and the oversight body would choose to cooperate with proprietors.
"The last thing what we want to do is begin intervening in an specific team, an specific proprietor, without being able to work with that proprietor to address the challenges confronting the team and the chairman's encountering," the chairman stated.
"But the truth is, when you look back over the history of the sport, over the past few decades there have been some owners, a small minority, but certain individuals who have acted carelessly in the approach they have taken toward their teams and eventually refuse to accept accountability for the future."
Owls fans have been voicing opposition to owner Dejphon Chansiri in recent months
'Mistakes could erase significant advances'
Kogan met with delegates from multiple organizations to lay out the remit of the authority recently and maintained it represented a "forward-thinking discussion" with a "significant participation" from the National League to the Premier League.
"This position carries substantial significance, because should mistakes occur, if the football community fails, the remarkable development accomplished could disappear rapidly," Kogan said.
"Such an outcome is universally undesirable in the terms of English football is a substantial accomplishment - we've got to keep it going.
"Considerable investment flowing into the game and has been channeled for the past two decades, because there are no assurances it will continue to come into football, which is part of the rationale behind I think we have to take a really clear view on risk and of course, of the immediate future."
Premier League Concerns
The Premier League opposed the formation of an authority because of concerns about detrimental effects on the elite division's competitive balance, but the chairman responded: "I completely endorse the success and growth as an economic entity of the top division.
"Being fully aware of the apprehension regarding damaging the top flight as an elite competition of the nation. But at the same time, if you engage with division representatives after the recent gathering, they would have had a substantial amount of confidence -and, actually, they have been advising us privately they have a high level of reassurance."
Ideological Links
The regulator remains subject to a "comprehensive investigation" by the official appointments authority after he disclosed making donations to the Labour Party in recent years.
The official contributed funds to Culture Secretary Lisa Nandy's leadership campaign, along with that of the current Prime Minister.
"I have been entirely transparent regarding my previous political affiliation [with Labour], and that ideological connection terminated the day the official body endorsed my nomination," the chairman stated.
"I currently have no participation in any sort of politics."