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'Our role is integral to football's future' - independent football regulator the regulator's chair
Sheffield Wednesday's current difficulties constitute a "serious issue" and the independent regulator is looking to gain the ability to investigate clubs in comparable cases, its new chair the regulator has stated.
In a wide-ranging interview, the regulator, who was named to the position this week, expressed "sympathy" towards the club's followers.
The regulator engaged with four supporters' associations connected to the Championship side recently.
The team have been experiencing difficulties in multiple areas in 2025, with the club delaying salary disbursements on multiple instances, including in last month.
"Evidently Wednesday represents a serious issue for football authorities and a significant problem for football," the regulator explained.
"Sheffield Wednesday is one of the historic institutions for the English game and this week we have met fan representatives.
"Our aim is to acquire the ability... which will enable us to take Sheffield Wednesday - and other clubs submitted for our review if they need to be investigated and acted upon."
The team's struggling chairman Dejphon Chansiri stated during the off-season he would be open to selling the club at Hillsborough, but he has not been able to secure a deal with prospective buyers.
Failure to pay player wages on time in March and May led to sanctions by the football authorities in summer, preventing the club from carrying out any recruitment activities for the subsequent signing windows, although that restriction was lifted in August.
The regulator explained: "The position was created for the supporters of Wednesday, Bury or any football club where fans are dedicated to a local institution that has been part of their lives in many cases.
"I completely understand Sheffield Wednesday, as I do for every team that in modern times have encountered failure, or been close to going to the wall, for factors unrelated to the supporters."
Inquired if the oversight body could require an chairman to relinquish 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 know what's going on, we will."
But the regulator clarified that requiring chairmen to relinquish clubs would be viewed as the ultimate measure and the regulator would prefer to collaborate with owners.
"The last thing what we want to do is begin intervening in an specific team, an specific proprietor, without being in a position to cooperate with that chairman to fix the issues that the club's facing and the chairman's encountering," the regulator explained.
"But the truth is, when you look back over the history of football, over the recent generations there have been some owners, a small minority, but certain individuals who have acted carelessly in the way which they've been managing their organizations and finally decline to assume obligation for the future."
Owls fans have been demonstrating against the team's chairman in recent months
The regulator engaged officials from numerous teams to explain the responsibilities of the oversight body this week and insisted it was a "progressive gathering" with a "high level of engagement" 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 extraordinary progress that's been made could disappear rapidly," Kogan said.
"Such an outcome is universally undesirable in the realm of domestic football is a substantial accomplishment - we must maintain momentum.
"There's an enormous amount of money entering the sport and has come into football for the last 20 or 25 years, 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."
Top flight officials resisted the formation of an authority because of apprehensions regarding adverse consequences on the Premier League's sporting equality, but the regulator stated: "I fully support the success and growth as an financial organization of the elite league.
"I of all people understand the worry about compromising the division as a high-quality offering of England. But concurrently, if you engage with division representatives after the recent gathering, they would have had a significant degree of comfort -and, actually, they have been telling us in private they have a significant confidence."
The regulator remains subject to a "full inquiry" by the Commissioner for Public Appointments after he disclosed making donations to the political party in the past.
The chairman donated money to Culture Secretary Lisa Nandy's leadership campaign, along with that of the now Prime Minister Sir Keir Starmer.
"I've been completely open about my previous political affiliation [with Labour], and that party membership ceased the day the official body endorsed my nomination," Kogan said.
"I am no longer involved in any sort of politics."
A tech enthusiast and writer with over a decade of experience in digital innovation and startup ecosystems.