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Sheffield Wednesday's persistent issues are seen as a "major concern" and the football regulator is looking to gain the ability to examine team situations in such situations, its new chair the official has declared.

In a wide-ranging interview, the chairman, who was named to the position this week, voiced concern towards supporters of the Owls.

Kogan met with four supporters' associations connected to the Championship side in recent days.

The team have been experiencing difficulties in multiple areas in 2025, with the club failing to pay players on time on several different times, including in last month.

"Evidently Wednesday represents a significant problem for EFL and a major challenge for the sport," the chairman stated.

"Sheffield Wednesday is one of the great brands for English football and in recent days we have met supporters' organizations.

"Our aim is to acquire the ability... which will permit us to bring Wednesday and comparable cases brought to our attention if they require examination and addressed."

Economic Challenges and Ownership Situation

The team's struggling chairman the current owner indicated in the summer he would be willing to sell up at their home ground, but he has not been able to secure a deal with interested parties.

Failure to pay player wages on time in spring months led to sanctions by the football authorities in June, blocking the team from conducting any transfers or loans for the following recruitment periods, although the ban was rescinded in the end of the transfer window.

Regulator's Perspective

Kogan said: "The job [of the regulator] is there for the Owls followers, Bury or any football club where supporters are loyal to a community organization that has existed throughout their lifetimes in many cases.

"I have absolute sympathy for the team's plight, as I do for each organization that since 1992 have gone to the wall, or nearly ceased operations, for causes separate from the followers."

Questioned about whether the oversight body could require an proprietor to divest a club if they are judged inappropriate, the regulator answered: "If your question is 'would we intervene in the final instance?', the answer is once we gather the evidence and know what's going on, we will."

But the regulator clarified that requiring chairmen to relinquish clubs would be considered the final option and the regulator would prefer to cooperate with proprietors.

"The final option we would consider is begin intervening in an individual club, an individual owner, without having the opportunity to collaborate with that owner to try and resolve the problems affecting the organization and the proprietor's dealing with," the chairman stated.

"However, realistically, when you look back over the history of the sport, over the recent generations there have been some owners, few in number, but particular people who have shown negligence in the way which they've been managing their clubs and ultimately refuse to accept accountability for the coming years."

'If we get it wrong, extraordinary progress vanishes'

Kogan met with representatives from 110 clubs to lay out the remit of the regulator on Wednesday and stated it constituted a "proactive meeting" with a "substantial involvement" from the National League to the Premier League.

"This position carries substantial significance, because should mistakes occur, if the sport makes errors, the extraordinary progress that's been made might evaporate incredibly quickly," the chairman stated.

"This represents everyone's worst fear in the terms of English football is a substantial accomplishment - we need to continue the progress.

"Considerable investment entering the sport and has come into football for the last 20 or 25 years, because there are no assurances it will persist in entering the game, which is part of the rationale behind I think we have to adopt a precise perspective on challenges and obviously, of the immediate future."

Premier League Concerns

The Premier League opposed the formation of an authority because of apprehensions regarding adverse consequences on the elite division's competitive balance, but the chairman responded: "I fully support the achievement and development as an economic entity of the Premier League.

"Being fully aware of the concern of undermining the Premier League as a premium product of England. But concurrently, if you engage with division representatives after this week's discussion, they would have had a substantial amount of confidence -and, indeed, they have been informing us confidentially they have a significant confidence."

Political Connections

Kogan is still facing a "comprehensive investigation" by the public appointments commissioner after he acknowledged providing funds to the opposition group in 2020.

The official donated money to Secretary of State for Culture, Media and Sport the minister's leadership bid, along with that of the government leader.

"I have fully disclosed my former ideological connection [with Labour], and that party membership ceased the day the select committee approved my appointment," the chairman stated.

"I am presently disconnected from any form of political activity."