'Our role is integral to football's future' - football oversight chief the regulator's chair
The Championship club's ongoing struggles constitute a "significant problem" and the new football authority is seeking powers to examine team situations in comparable cases, the newly appointed chairman the regulator has declared.
In a wide-ranging interview, the regulator, who was recently selected, expressed "sympathy" towards supporters of the Owls.
The regulator engaged with four fan organizations connected to the South Yorkshire club this week.
The Championship side have been struggling on and off the field in 2025, with the club delaying salary disbursements on several different times, including in last month.
"Evidently Wednesday represents a major concern for the league and a significant problem for football," Kogan told.
"The club represents one of the iconic names for football in England and in recent days we have met fan representatives.
"Our aim is to acquire the ability... which will permit us to bring the club and similar situations submitted for our review if they need to be investigated and acted upon."
Monetary Issues and Proprietorship Status
The team's struggling chairman the current owner suggested earlier this year he would be willing to sell up at their home ground, but he has not been able to secure a deal with interested parties.
Missed wage deadlines on time in earlier this year resulted in restrictions being imposed by the football authorities in summer, blocking the team from conducting any player acquisitions for the following recruitment periods, although that restriction was lifted in late summer.
Regulator's Perspective
The regulator explained: "Our role exists to serve the Owls followers, Bury or any football club where people are committed to a regional establishment that has existed throughout their lifetimes in numerous instances.
"I completely understand the club's situation, as I do for each organization that over recent decades have faced collapse, or nearly ceased operations, for causes separate from the fans themselves."
Inquired if the regulator could force an owner to sell a club if they are judged inappropriate, the regulator answered: "Should the inquiry concern 'would we intervene in the final instance?', the reply is once we assemble the facts and comprehend the circumstances, we will."
But Kogan stressed that forcing owners to sell clubs would be treated as a "last resort" and the authority would rather to collaborate with owners.
"The final option we would consider is start getting involved with an specific team, an individual owner, without being in a position to cooperate with that chairman to fix the issues that the club's facing and the owner's facing," the chairman stated.
"In actuality, when you review the record of the game, over the last 20 or 30 years there have been some owners, not many, but particular people who have shown negligence in the approach they have taken toward their teams and eventually decline to assume obligation for the coming years."
Wednesday followers have been protesting against the team's chairman in recent months
'Errors may undo substantial development'
The regulator engaged officials from numerous teams to explain the responsibilities of the authority recently and insisted it was a "proactive meeting" with a "significant participation" from the lower divisions to the top flight.
"It's a job that's actually really important, because should mistakes occur, if the sport makes errors, the remarkable development accomplished might evaporate swiftly," the regulator warned.
"This represents everyone's worst fear in the context of the English game is a huge success story - we've got to keep it going.
"There's an enormous amount of money flowing into the game and has been invested for the past two decades, because there are no assurances it will persist in entering the game, which is among the factors explaining I think we have to take a really clear view on challenges and obviously, of the coming seasons."
Premier League Concerns
Elite division representatives objected to the creation of a regulator because of apprehensions regarding adverse consequences on the top-flight's competitiveness, but the chairman responded: "I completely endorse the prosperity and expansion as an economic entity of the top division.
"I of all people understand the concern of undermining the top flight as an elite competition of the nation. But concurrently, if you engage with division representatives after this week's discussion, they would have had a substantial amount of confidence -and, actually, they have been advising us privately they have a considerable comfort."
Partisan Associations
Kogan is still facing a "thorough examination" by the Commissioner for Public Appointments after he disclosed making donations to the Labour Party in recent years.
The chairman contributed funds to government minister the politician's 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 select committee approved my appointment," the regulator explained.
"I am no longer involved in any sort of politics."
