'Our role is integral to football's future' - newly appointed regulator the new chairman
Sheffield Wednesday's current difficulties constitute a "serious issue" and the independent regulator is looking to gain the ability to examine team situations in similar circumstances, its new chair the official has announced.
During an extensive discussion, Kogan, who was recently selected, showed understanding towards Wednesday's fanbase.
The regulator engaged with four supporters' associations representing the South Yorkshire club this week.
The football club 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 the autumn.
"Evidently Wednesday represents a significant problem for EFL and a substantial concern for English football," Kogan told.
"Sheffield Wednesday is one of the historic institutions for the English game and recently we have met fan representatives.
"Our aim is to acquire the ability... which will enable us to take Sheffield Wednesday - and other clubs brought to our attention if they require examination and dealt with."
Financial Struggles and Leadership Concerns
Wednesday's embattled owner Dejphon Chansiri suggested earlier this year he would be open to selling the club at the stadium, but he has been unable to finalize an agreement with prospective buyers.
Failure to pay player wages on time in spring months led to sanctions by the football authorities in mid-year, blocking the team from conducting any transfers or loans for the subsequent signing windows, although those limitations were removed in August.
Official's Viewpoint
The regulator explained: "The position was created for the fans of Sheffield Wednesday, other clubs in similar situations where fans are dedicated to a local institution that has represented their community in multiple situations.
"I fully appreciate Sheffield Wednesday, as I do for all the clubs that since 1992 have gone to the wall, or approached financial ruin, for reasons that have nothing to do with the supporters."
When asked if the authority might compel an chairman to relinquish 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 Kogan stressed that forcing owners to sell clubs would be treated as a "last resort" and the authority would rather to work with them.
"The last thing what we want to do is start getting involved with 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," Kogan said.
"But the truth is, when you examine the past of football, over the recent generations there have been particular chairmen, few in number, but some who have been irresponsible in the manner they have operated their clubs and ultimately decline to assume obligation for the future."
Owls fans have been demonstrating against the current proprietor in recent months
'Mistakes could erase significant advances'
Kogan met with officials from numerous teams to detail the scope of the authority recently and stated it constituted a "proactive meeting" with a "significant participation" from the lower divisions to the top flight.
"This position carries substantial significance, because should mistakes occur, if the world of football gets it wrong, the remarkable development accomplished necessary will vanish swiftly," Kogan said.
"This represents everyone's worst fear in the realm of domestic football is a major achievement - we need to continue the progress.
"Substantial financial resources coming into football and has been channeled for the past two decades, because there are no assurances it will keep flowing into the sport, which is one of the reasons why I think we have to adopt a precise perspective on challenges and obviously, of the coming seasons."
Top Flight Apprehensions
Elite division representatives objected to the formation of an authority because of fears of a negative impact on the Premier League's sporting equality, but Kogan said: "I fully support the success and growth as an commercial operation of the top division.
"I of all people understand the concern of undermining the top flight as an elite competition of the nation. But simultaneously, if you talk to the Premier League after the recent gathering, they would have had a substantial amount of confidence -and, in fact, they have been advising us privately they have a significant confidence."
Ideological Links
The chairman continues to confront a "full inquiry" by the public appointments commissioner after he revealed he contributed money to the Labour Party in recent years.
The 68-year-old contributed funds to Culture Secretary Lisa Nandy's leadership campaign, along with that of the now Prime Minister Sir Keir Starmer.
"I have fully disclosed my past party membership [with Labour], and that ideological connection terminated the day the official body endorsed my nomination," Kogan said.
"I am no longer involved in any sort of politics."