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Sheffield Wednesday's ongoing struggles are seen as a "serious issue" and the football regulator is looking to gain the ability to examine team situations in comparable cases, the newly appointed chairman the official has announced.

During an extensive discussion, Kogan, who was named to the position this week, showed understanding towards supporters of the Owls.

Kogan met with four supporters' associations representing the Championship side recently.

The Championship side have been struggling on and off the field in 2025, with the club missing wage payments on several different times, including in September.

"Clearly Sheffield Wednesday has been a serious issue for football authorities and a significant problem for football," the chairman stated.

"Wednesday stands as one of the iconic names for football in England and in recent days we have met Sheffield Wednesday supporters' groups.

"We're now looking to get powers... which will allow us to have Wednesday and comparable cases brought to our attention if they require examination and acted upon."

Economic Challenges and Ownership Situation

The team's struggling chairman the current owner stated during the off-season he would be prepared to relinquish control at their home ground, but he has not been able to secure a deal with potential new owners.

Delayed salary payments on time in spring months caused limitations by the league officials in mid-year, preventing the club from carrying out any recruitment activities for the subsequent signing windows, although those limitations were removed in late summer.

Authority's Position

Kogan said: "Our role exists to serve the Owls followers, other clubs in similar situations where supporters are loyal to a local institution that has been part of their lives in numerous instances.

"I fully appreciate the club's situation, as I do for each organization that in modern times have encountered failure, or nearly ceased operations, for factors unrelated to the fans themselves."

When asked if the regulator could force an proprietor to divest a club if they are judged inappropriate, 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 requiring chairmen to relinquish clubs would be treated as a "last resort" and the authority would rather to cooperate with proprietors.

"Our least desirable course of action is begin intervening in an individual club, an specific proprietor, without being able to work with that proprietor to address the issues that the club's facing and the proprietor's dealing with," the chairman stated.

"In actuality, when you look back over the history of the game, over the past few decades there have been some owners, few in number, but certain individuals who have acted carelessly in the approach they have taken toward their teams and eventually don't wish to take responsibility for the long-term prospects."

'Mistakes could erase significant advances'

The regulator engaged officials from numerous teams to detail the scope of the regulator on Wednesday and maintained it represented a "forward-thinking discussion" with a "substantial involvement" from the grassroots to elite level.

"It's a job that's actually really important, because should mistakes occur, if the football community fails, the extraordinary progress that's been made could disappear incredibly quickly," the regulator warned.

"And that's what nobody wants in the realm of domestic football is a huge success story - we need to continue the progress.

"Considerable investment flowing into the game and has been channeled for the recent generations, because there's no guarantee it will continue to come into football, which is part of the rationale behind I think we have to take a really clear view on potential dangers and naturally, of the next two or three years."

Elite Division Worries

The Premier League opposed the formation of an authority because of apprehensions regarding adverse consequences on the elite division's competitive balance, but Kogan said: "I'm absolutely committed to the achievement and development as an commercial operation of the top division.

"I of all people understand the worry about compromising the top flight as an elite competition of the nation. But simultaneously, if you engage with division representatives after this week's discussion, they would have had a significant degree of comfort -and, actually, they have been telling us in private they have a considerable comfort."

Partisan Associations

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

The chairman provided financial support for Secretary of State for Culture, Media and Sport the politician's campaign, along with that of the current Prime Minister.

"I've been completely open about my former ideological connection [with Labour], and that party membership ceased the day the select committee approved my appointment," Kogan said.

"I am no longer involved in any sort of politics."