'We will play a key role in football's future' - football oversight chief the regulator's chair
The Championship club's current difficulties represent a a "serious issue" and the football regulator is looking to gain the ability to look into club affairs in comparable cases, the recently named head the regulator has announced.
In a wide-ranging interview, the chairman, who was named to the position this week, expressed "sympathy" towards the club's followers.
Kogan met with four fan organizations connected to the Championship side in recent days.
The football club have been facing challenges both on and off the pitch in this season, with the club delaying salary disbursements on multiple instances, including in the autumn.
"Evidently Wednesday represents a significant problem for EFL and a substantial concern for English football," the regulator explained.
"Wednesday stands as one of the iconic names for the English game and recently we have met supporters' organizations.
"Our aim is to acquire the ability... which will permit us to bring the club and similar situations referred to us if they warrant scrutiny and addressed."
Monetary Issues and Proprietorship Status
Wednesday's embattled owner Dejphon Chansiri stated during the off-season he would be open to selling the club at Hillsborough, but he has failed to complete a sale with prospective buyers.
Failure to pay player wages on time in earlier this year resulted in restrictions being imposed by the English Football League (EFL) in mid-year, preventing the club from carrying out any transfers or loans for the subsequent signing windows, although that restriction was lifted in late summer.
Regulator's Perspective
The chairman stated: "The position was created for the supporters of Wednesday, teams facing challenges where supporters are loyal to a regional establishment that has been part of their lives in many cases.
"I fully appreciate the team's plight, as I do for every team that since 1992 have gone to the wall, or nearly ceased operations, for causes separate from the followers."
When asked if the regulator could force an proprietor to divest a club if they are judged inappropriate, the chairman responded: "When asking whether 'would we intervene in the final instance?', the answer is once we collect the information and comprehend the circumstances, we will."
But Kogan stressed that requiring chairmen to relinquish clubs would be viewed as the ultimate measure and the oversight body would choose to work with them.
"The last thing what we want to do is start getting involved with an individual club, an specific proprietor, without having the opportunity to collaborate with that proprietor to address the issues that the club's facing and the chairman's encountering," the regulator explained.
"However, realistically, when you examine the past of football, over the last 20 or 30 years there have been particular chairmen, few in number, but some who have been irresponsible in the way which they've been managing their clubs and ultimately refuse to accept accountability for the coming years."
Wednesday followers have been voicing opposition to the current proprietor in recent months
'If we get it wrong, extraordinary progress vanishes'
Kogan met with officials from numerous teams to explain the responsibilities of the authority recently and stated it constituted a "proactive meeting" with a "high level of engagement" from the National League to the Premier League.
"It's a job that's actually really important, because if errors are made, if the sport makes errors, the significant advances achieved necessary will vanish incredibly quickly," the chairman stated.
"And that's what nobody wants in the terms of English football is a huge success story - we need to continue the progress.
"Substantial financial resources flowing into the game and has come into football for the last 20 or 25 years, because certainty is lacking it will keep flowing into the sport, which is among the factors explaining I think we have to take a really clear view on potential dangers and naturally, of the coming seasons."
Top Flight Apprehensions
Elite division representatives objected to the creation of a regulator because of concerns about detrimental effects on the elite division's competitive balance, but Kogan said: "I completely endorse the success and growth as an commercial operation of the elite league.
"As someone who appreciates the apprehension regarding damaging the top flight as an elite competition of England. But concurrently, if you consult with top flight officials after the recent gathering, they would have had a high level of reassurance -and, indeed, they have been telling us in private they have a high level of reassurance."
Political Connections
The regulator remains subject to a "comprehensive investigation" by the public appointments commissioner after he acknowledged providing funds to the Labour Party 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've been completely open about my past party membership [with Labour], and that party membership ceased the day the official body endorsed my nomination," the chairman stated.
"I currently have no participation in any type of partisan engagement."