'We are going to be a part of football's future' - football oversight chief the new chairman
Sheffield Wednesday's ongoing struggles constitute a "serious issue" and the independent regulator is looking to gain the ability to look into club affairs in similar circumstances, the newly appointed chairman the regulator has stated.
During an extensive discussion, Kogan, who was appointed on Monday, voiced concern towards Wednesday's fanbase.
Kogan met with four fan organizations connected to the South Yorkshire club recently.
The football club have been struggling on and off the field in this season, with the club failing to pay players on time on multiple instances, including in last month.
"Clearly Sheffield Wednesday has been 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 this week we have met fan representatives.
"Our aim is to acquire the ability... which will permit us to bring Sheffield Wednesday - and other clubs submitted for our review if they warrant scrutiny and acted upon."
Economic Challenges and Proprietorship Status
Wednesday's embattled owner the current owner 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.
Delayed salary payments on time in earlier this year resulted in restrictions being imposed by the football authorities in summer, preventing the club from carrying out any transfers or loans for the following recruitment periods, although that restriction was lifted in late summer.
Regulator's Perspective
Kogan said: "Our role exists to serve the Owls followers, Bury or any football club where fans are dedicated to a community organization that has existed throughout their lifetimes in numerous instances.
"I fully appreciate the team's plight, as I do for every team that in modern times have encountered failure, or nearly ceased operations, for causes separate from the supporters."
Inquired if the regulator could force an chairman to relinquish a club if they are considered unfit, the chairman responded: "Should the inquiry concern 'would we intervene in the final instance?', the response would be once we gather the evidence and comprehend the circumstances, we will."
But Kogan stressed that forcing owners to sell clubs would be considered the final option and the authority would rather to work with them.
"Our least desirable course of action is commence engagement with an specific team, an particular chairman, without being in a position to cooperate with that owner to try and resolve the issues that the club's facing and the chairman's encountering," the chairman stated.
"However, realistically, when you examine the past of the game, over the recent generations there have been some owners, not many, but certain individuals who have acted carelessly in the manner they have operated their clubs and ultimately don't wish to take responsibility for the future."
Sheffield Wednesday supporters have been protesting against owner Dejphon Chansiri this season
'If we get it wrong, extraordinary progress vanishes'
Kogan met with delegates from multiple organizations to lay out the remit of the authority recently and maintained it represented a "progressive gathering" with a "substantial involvement" from the grassroots to elite level.
"This position carries substantial significance, because if we get it wrong, if the world of football gets it wrong, the significant advances achieved could disappear rapidly," Kogan said.
"And that's what nobody wants in the realm of domestic football is a substantial accomplishment - we've got to keep it going.
"There's an enormous amount of money flowing into the game and has been channeled for the recent generations, because there are no assurances it will keep flowing into the sport, which is one of the reasons why I think we have to take a really clear view on potential dangers and naturally, of the immediate future."
Premier League Concerns
Top flight officials resisted the creation of a regulator because of fears of a negative impact on the elite division's competitive balance, but Kogan said: "I fully support the prosperity and expansion as an commercial operation of the top division.
"I of all people understand the concern of undermining the division as a high-quality offering of the nation. But concurrently, if you consult with top flight officials after this week's discussion, they would have had a high level of reassurance -and, indeed, they have been informing us confidentially they have a considerable comfort."
Political Connections
Kogan is still facing a "thorough examination" by the official appointments authority after he revealed he contributed money to the opposition group in recent years.
The official donated money to Culture Secretary the politician's campaign, along with that of the current Prime Minister.
"I've been completely open about my previous political affiliation [with Labour], and that ideological connection terminated the day the official body endorsed my nomination," Kogan said.
"I am no longer involved in any form of political activity."