'We are going to be a part of football's future' - newly appointed regulator the new chairman
Sheffield Wednesday's persistent issues are seen as a "significant problem" and the independent regulator is looking to gain the ability to investigate clubs in comparable cases, the newly appointed chairman the regulator has declared.
In a wide-ranging interview, the regulator, who was named to the position this week, voiced concern towards supporters of the Owls.
Kogan met with four supporter groups associated with the Championship side this week.
The football club have been experiencing difficulties in multiple areas 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 substantial concern for English football," the chairman stated.
"Sheffield Wednesday is one of the great brands for English football and recently we have met Sheffield Wednesday supporters' groups.
"We are seeking authority... which will allow us to have Wednesday and comparable cases referred to us if they require examination and acted upon."
Financial Struggles and Leadership Concerns
The club's controversial proprietor the current owner indicated in the summer he would be open to selling the club at the stadium, but he has failed to complete a sale with potential new owners.
Missed wage deadlines on time in March and May caused limitations by the league officials in June, preventing the club from carrying out any transfers or loans for the following recruitment periods, although that restriction was lifted in the end of the transfer window.
Official's Viewpoint
The regulator explained: "The position was created for the fans of Sheffield Wednesday, teams facing challenges where fans are dedicated to a regional establishment that has represented their community in many cases.
"I completely understand Sheffield Wednesday, as I do for every team that since 1992 have gone to the wall, or approached financial ruin, for factors unrelated to the supporters."
Questioned about whether the oversight body could require an chairman to relinquish a club if they are considered unfit, Kogan said: "Should the inquiry concern 'would we intervene in the final instance?', the reply is once we collect the information and understand the situation, we will."
But the regulator clarified that forcing owners to sell clubs would be viewed as the ultimate measure and the oversight body would choose to collaborate with owners.
"Our least desirable course of action is begin intervening in an individual club, an specific proprietor, without being in a position to cooperate with that proprietor to address the issues that the club's facing and the proprietor's dealing with," the regulator explained.
"But the truth is, when you look back over the history of football, over the past few decades there have been certain proprietors, not many, but some who have been irresponsible in the manner they have operated their teams and eventually don't wish to take responsibility for the future."
Wednesday followers have been demonstrating against the current proprietor this season
'If we get it wrong, extraordinary progress vanishes'
The regulator engaged officials from numerous teams to detail the scope of the oversight body this week and maintained it represented a "forward-thinking discussion" with a "significant participation" from the National League to the Premier League.
"It's a job that's actually really important, because if we get it wrong, if the sport makes errors, the extraordinary progress that's been made necessary will vanish rapidly," the chairman stated.
"And that's what nobody wants in the terms of English football is a huge success story - we've got to keep it going.
"There's an enormous amount of money flowing into the game and has been invested for the recent generations, because there's no guarantee it will continue to come into football, which is one of the reasons why I think we have to take a really clear view on potential dangers and naturally, of the next two or three years."
Top Flight Apprehensions
Elite division representatives objected to the creation of a regulator because of concerns about detrimental effects on the top-flight's competitiveness, but Kogan said: "I fully support the prosperity and expansion as an economic entity of the top division.
"Being fully aware of the concern of undermining the top flight as an elite competition of the nation. But simultaneously, if you talk to the Premier League after the recent gathering, they would have had a substantial amount of confidence -and, in fact, they have been informing us confidentially they have a high level of reassurance."
Partisan Associations
Kogan is still facing a "full inquiry" by the public appointments commissioner after he acknowledged providing funds to the Labour Party in the past.
The 68-year-old provided financial support for government minister Lisa Nandy's leadership campaign, along with that of the current Prime Minister.
"I've been completely open about my former ideological connection [with Labour], and that political affiliation came to an end the day the select committee approved my appointment," the chairman stated.
"I currently have no participation in any form of political activity."