'We are going to be a part of football's future' - football oversight chief the new chairman
The Championship club's ongoing struggles represent a a "major concern" and the new football authority is looking to gain the ability to examine team situations in comparable cases, the newly appointed chairman the official has stated.
In a wide-ranging interview, the regulator, who was recently selected, voiced concern towards Wednesday's fanbase.
The regulator engaged with four supporter groups representing the South Yorkshire club in recent days.
The football club have been experiencing difficulties in multiple areas in 2025, with the club delaying salary disbursements on several different times, including in September.
"Evidently Wednesday represents a significant problem for EFL and a major challenge for the sport," the chairman stated.
"The club represents one of the great brands for football in England and in recent days we have met Sheffield Wednesday supporters' groups.
"We are seeking authority... which will allow us to have Wednesday and comparable cases brought to our attention if they warrant scrutiny and dealt with."
Financial Struggles and Ownership Situation
Wednesday's embattled owner Dejphon Chansiri indicated in the summer he would be willing to sell up at the stadium, but he has been unable to finalize an agreement with prospective buyers.
Missed wage deadlines on time in earlier this year caused limitations by the league officials in June, preventing the club from carrying out any recruitment activities for the next three transfer windows, although the ban was rescinded in the end of the transfer window.
Authority's Position
Kogan said: "Our role exists to serve the supporters of Wednesday, other clubs in similar situations where supporters are loyal to a regional establishment that has represented their community in many cases.
"I completely understand Sheffield Wednesday, as I do for every team that in modern times have encountered failure, or approached financial ruin, for reasons that have nothing to do with the supporters."
Questioned about whether the regulator could force an proprietor to divest a club if they are deemed unsuitable, Kogan said: "Should the inquiry concern 'would we intervene in the final instance?', the answer is once we assemble the facts and comprehend the circumstances, we will."
But Kogan stressed that requiring chairmen to relinquish clubs would be considered the final option and the regulator would prefer to collaborate with owners.
"Our least desirable course of action is commence engagement with an specific team, an specific proprietor, without being in a position to cooperate with that chairman to fix the problems affecting the organization and the chairman's encountering," the chairman stated.
"In actuality, when you review the record of the game, over the last 20 or 30 years there have been certain proprietors, not many, but some who have been irresponsible in the way which they've been managing their teams and eventually refuse to accept accountability for the future."
Wednesday followers have been demonstrating against the team's chairman this season
'If we get it wrong, extraordinary progress vanishes'
Kogan met with representatives from 110 clubs to detail the scope of the authority recently and insisted it was a "progressive gathering" with a "significant participation" 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 football community fails, the remarkable development accomplished necessary will vanish incredibly quickly," the regulator warned.
"This represents everyone's worst fear in the terms of English football is a major achievement - we've got to keep it going.
"Substantial financial resources coming into football and has come into football for the past two decades, because there are no assurances it will continue to come into football, which is one of the reasons why I think we have to maintain a focused outlook on potential dangers and naturally, of the immediate future."
Elite Division Worries
Elite division representatives objected to the formation of an authority because of fears of a negative impact on the elite division's competitive balance, but the regulator stated: "I fully support the prosperity and expansion as an commercial operation of the top division.
"As someone who appreciates the concern of undermining the top flight as an elite competition of the nation. But simultaneously, if you engage with division representatives after today's meeting, they would have had a significant degree of comfort -and, actually, they have been informing us confidentially they have a considerable comfort."
Ideological Links
Kogan is still facing a "thorough examination" by the Commissioner for Public Appointments after he acknowledged providing funds to the opposition group in recent years.
The official provided financial support for government minister Lisa Nandy's leadership campaign, along with that of the now Prime Minister Sir Keir Starmer.
"I have fully disclosed my former ideological connection [with Labour], and that party membership ceased the day the parliamentary committee confirmed my selection," the regulator explained.
"I am no longer involved in any sort of politics."