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Sheffield Wednesday's persistent issues constitute a "major concern" and the new football authority is looking to gain the ability to examine team situations in similar circumstances, the newly appointed chairman the official has stated.

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

Kogan met with four supporter groups connected to the South Yorkshire club in recent days.

The Championship side have been facing challenges both on and off the pitch in the current year, with the club delaying salary disbursements on five separate occasions, including in last month.

"Obviously the club has become a significant problem for EFL and a major challenge for the sport," the regulator explained.

"The club represents one of the historic institutions for football in England and recently we have met fan representatives.

"We are seeking authority... which will allow us to have Sheffield Wednesday - and other clubs submitted for our review if they require examination and addressed."

Economic Challenges and Proprietorship Status

The club's controversial proprietor Dejphon Chansiri stated during the off-season he would be open to selling the club at their home ground, but he has failed to complete a sale with potential new owners.

Failure to pay player wages on time in spring months resulted in restrictions being imposed by the English Football League (EFL) in summer, stopping Wednesday from completing any player acquisitions for the subsequent signing windows, although that restriction was lifted in August.

Regulator's Perspective

Kogan said: "The job [of the regulator] is there for the supporters of Wednesday, other clubs in similar situations where people are committed to a community organization that has existed throughout their lifetimes in numerous instances.

"I completely understand Sheffield Wednesday, as I do for all the clubs that since 1992 have gone to the wall, or nearly ceased operations, for reasons that have nothing to do with the followers."

Inquired if the authority might compel an proprietor to divest a club if they are considered unfit, the chairman responded: "When asking whether 'would we intervene in the final instance?', the reply is once we assemble the facts and comprehend the circumstances, we will."

But the chairman emphasized that forcing owners to sell clubs would be viewed as the ultimate measure and the authority would rather to cooperate with proprietors.

"The final option we would consider is begin intervening in an individual club, 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 sport, over the recent generations there have been certain proprietors, a small minority, 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 long-term prospects."

'Mistakes could erase significant advances'

Kogan met with officials from numerous teams to explain the responsibilities of the oversight body this week and maintained it represented a "progressive gathering" with a "significant participation" from the National League to the Premier League.

"This position carries substantial significance, because should mistakes occur, if the football community fails, the extraordinary progress that's been made necessary will vanish swiftly," the regulator warned.

"Such an outcome is universally undesirable in the terms of English football is a huge success story - we've got to keep it going.

"There's an enormous amount of money entering the sport and has come into football for the recent generations, because certainty is lacking it will persist in entering the game, which is one of the reasons why I think we have to take a really clear view on risk and of course, of the immediate future."

Top Flight Apprehensions

Elite division representatives objected to the establishment of an oversight body because of concerns about detrimental effects on the top-flight's competitiveness, but Kogan said: "I completely endorse the success and growth as an commercial operation of the elite league.

"As someone who appreciates the apprehension regarding damaging the Premier League as a premium product of the nation. But simultaneously, if you consult with top flight officials after the recent gathering, they would have had a high level of reassurance -and, in fact, they have been telling us in private they have a high level of reassurance."

Political Connections

The regulator remains subject to a "full inquiry" by the official appointments authority after he acknowledged providing funds to the opposition group in 2020.

The chairman donated money to Culture Secretary the minister's leadership bid, 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 parliamentary committee confirmed my selection," Kogan said.

"I currently have no participation in any form of political activity."