'We will play a key role in football's future' - newly appointed regulator the regulator's chair
Sheffield Wednesday's ongoing struggles constitute a "serious issue" and the new football authority is seeking powers to examine team situations in comparable cases, its new chair the regulator has stated.
Through a comprehensive talk, the chairman, who was appointed on Monday, showed understanding towards supporters of the Owls.
The regulator engaged with four supporters' associations connected to the South Yorkshire club in recent days.
The football club have been struggling on and off the field in the current year, with the club delaying salary disbursements on several different times, including in September.
"Obviously the club has become a major concern for the league and a significant problem for football," Kogan told.
"The club represents one of the great brands for English football and recently we have met supporters' organizations.
"We are seeking authority... which will enable us to take Wednesday and comparable cases brought to our attention if they need to be investigated and dealt with."
Financial Struggles and Proprietorship Status
Wednesday's embattled owner the Thai businessman stated during the off-season he would be open to selling the club at the stadium, but he has not been able to secure a deal with prospective buyers.
Delayed salary payments on time in earlier this year led to sanctions by the football authorities in mid-year, preventing the club from carrying out any player acquisitions for the following recruitment periods, although that restriction was lifted in late summer.
Official's Viewpoint
The chairman stated: "Our role exists to serve the fans of Sheffield Wednesday, teams facing challenges where fans are dedicated to a regional establishment that has existed throughout their lifetimes in many cases.
"I completely understand Sheffield Wednesday, as I do for each organization that since 1992 have gone to the wall, or nearly ceased operations, for factors unrelated to the fans themselves."
Questioned about whether the oversight body could require an chairman to relinquish a club if they are considered unfit, the chairman responded: "If your question is 'would we intervene in the final instance?', the reply is once we collect the information and comprehend the circumstances, we will."
But Kogan stressed that forcing owners to sell clubs would be viewed as the ultimate measure and the oversight body would choose to cooperate with proprietors.
"The last thing what we want to do is begin intervening in an individual club, an specific proprietor, without being able to work with that proprietor to address the problems affecting the organization and the chairman's encountering," the regulator explained.
"But the truth is, when you examine the past of the game, over the last 20 or 30 years there have been certain proprietors, a small minority, but some who have been irresponsible in the manner they have operated their organizations and finally refuse to accept accountability for the future."
Owls fans have been demonstrating against the current proprietor this season
'If we get it wrong, extraordinary progress vanishes'
Kogan met with officials from numerous teams to explain the responsibilities of the regulator on Wednesday and maintained it represented a "progressive gathering" with a "significant participation" from the lower divisions to the top flight.
"The role holds considerable importance, because should mistakes occur, if the world of football gets it wrong, the remarkable development accomplished necessary will vanish incredibly quickly," Kogan said.
"This represents everyone's worst fear in the context of the English game is a huge success story - we must maintain momentum.
"Substantial financial resources flowing into the game and has been invested 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 adopt a precise perspective on risk and of course, of the immediate future."
Premier League Concerns
The Premier League opposed the establishment of an oversight body because of fears of a negative impact on the top-flight's competitiveness, but Kogan said: "I fully support the success and growth as an financial organization of the top division.
"Being fully aware of the apprehension regarding damaging the division as a high-quality offering of England. But concurrently, if you consult with top flight officials after this week's discussion, they would have had a significant degree of comfort -and, indeed, they have been telling us in private they have a significant confidence."
Political Connections
Kogan is still facing a "full inquiry" by the Commissioner for Public Appointments after he acknowledged providing funds to the opposition group in the past.
The chairman contributed funds to Culture Secretary Lisa Nandy's leadership campaign, along with that of the government leader.
"I've been completely open about my former ideological connection [with Labour], and that ideological connection terminated the day the select committee approved my appointment," the chairman stated.
"I currently have no participation in any type of partisan engagement."