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Sheffield Wednesday's persistent issues are seen as a "significant problem" and the football regulator is aiming to acquire authority to examine team situations in similar circumstances, the newly appointed chairman the official has stated.

During an extensive discussion, Kogan, who was appointed on Monday, voiced concern towards the club's followers.

Kogan met with four supporters' associations representing the South Yorkshire club this week.

The Championship side have been experiencing difficulties in multiple areas in 2025, with the club failing to pay players on time on multiple instances, including in last month.

"Clearly Sheffield Wednesday has been a significant problem for EFL and a significant problem for football," Kogan told.

"Wednesday stands as one of the iconic names for English football and recently we have met supporters' organizations.

"We are seeking authority... which will enable us to take the club and similar situations referred to us if they warrant scrutiny and addressed."

Financial Struggles and Proprietorship Status

The club's controversial proprietor the current owner indicated in the summer he would be willing to sell up at the stadium, but he has not been able to secure a deal with interested parties.

Failure to pay player wages on time in spring months resulted in restrictions being imposed by the English Football League (EFL) in June, stopping Wednesday from completing any transfers or loans for the subsequent signing windows, although that restriction was lifted in the end of the transfer window.

Official's Viewpoint

The regulator explained: "The job [of the regulator] is there for the fans of Sheffield Wednesday, other clubs in similar situations where people are committed to a community organization that has been part of their lives in multiple situations.

"I completely understand Sheffield Wednesday, as I do for each organization that since 1992 have gone to the wall, or been close to going to the wall, for reasons that have nothing to do with the followers."

Inquired if the regulator could force an owner to sell a club if they are judged inappropriate, Kogan said: "If your question is 'would we intervene in the final instance?', the response would be once we gather the evidence and comprehend the circumstances, we will."

But Kogan stressed that compelling proprietors to divest clubs would be viewed as the ultimate measure and the authority would rather to collaborate with owners.

"The final option we would consider is commence engagement with an specific team, an individual owner, without being able to work with that owner to try and resolve the issues that the club's facing and the chairman's encountering," the chairman stated.

"But the truth is, when you examine the past of the sport, over the last 20 or 30 years there have been certain proprietors, few in number, but certain individuals who have acted carelessly in the way which they've been managing their clubs and ultimately don't wish to take responsibility for the coming years."

'Mistakes could erase significant advances'

The chairman convened with representatives from 110 clubs to explain the responsibilities of the oversight body this week and insisted it was a "proactive meeting" with a "high level of engagement" from the National League to the Premier League.

"This position carries substantial significance, because if errors are made, if the football community fails, the extraordinary progress that's been made might evaporate swiftly," the regulator warned.

"And that's what nobody wants in the context of the English game is a substantial accomplishment - we need to continue the progress.

"Considerable investment entering the sport and has come into football for the past two decades, because there's no guarantee it will continue to come into football, which is among the factors explaining I think we have to adopt a precise perspective on challenges and obviously, of the next two or three years."

Top Flight Apprehensions

Elite division representatives objected to the creation of a regulator because of apprehensions regarding adverse consequences on the Premier League's sporting equality, but the regulator stated: "I completely endorse the success and growth as an commercial operation of the elite league.

"I of all people understand the concern of undermining the Premier League as a premium product of this country. But concurrently, if you consult with top flight officials after this week's discussion, they would have had a significant degree of comfort -and, actually, they have been informing us confidentially they have a high level of reassurance."

Partisan Associations

Kogan is still facing a "full inquiry" by the public appointments commissioner after he acknowledged providing funds to the Labour Party in the past.

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

"I have been entirely transparent regarding my past party membership [with Labour], and that political affiliation came to an end the day the official body endorsed my nomination," the chairman stated.

"I am no longer involved in any form of political activity."