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Sheffield Wednesday's current difficulties represent a a "major concern" and the new football authority is seeking powers to look into club affairs in similar circumstances, its new chair the official has declared.

Through a comprehensive talk, Kogan, who was appointed on Monday, voiced concern towards the club's followers.

Kogan met with four fan organizations connected to the Championship side this week.

The team have been facing challenges both on and off the pitch in this season, with the club delaying salary disbursements on five separate occasions, including in the autumn.

"Evidently Wednesday represents a serious issue for football authorities and a significant problem for football," the chairman stated.

"The club represents one of the historic institutions for English football and this week we have met Sheffield Wednesday supporters' groups.

"We are seeking authority... which will enable us to take the club and similar situations submitted for our review if they need to be investigated and addressed."

Monetary Issues and Ownership Situation

Wednesday's embattled owner the Thai businessman indicated in the summer he would be prepared to relinquish control at the stadium, but he has been unable to finalize an agreement with interested parties.

Delayed salary payments on time in earlier this year led to sanctions by the football authorities in summer, stopping Wednesday from completing any transfers or loans for the following recruitment periods, although the ban was rescinded in the end of the transfer window.

Authority's Position

Kogan said: "The position was created for the Owls followers, teams facing challenges where supporters are loyal to a community organization that has been part of their lives in many cases.

"I completely understand Sheffield Wednesday, as I do for every team that in modern times have encountered failure, or nearly ceased operations, for causes separate from the supporters."

Questioned about whether the regulator could force an proprietor to divest a club if they are considered unfit, the chairman responded: "If your question is 'would we intervene in the final instance?', the answer is once we gather the evidence and comprehend the circumstances, we will."

But Kogan stressed that compelling proprietors to divest clubs would be considered the final option and the authority would rather to work with them.

"The last thing what we want to do is begin intervening in an specific team, an individual owner, without being in a position to cooperate with that proprietor to address the problems affecting the organization and the proprietor's dealing with," Kogan said.

"However, realistically, when you review the record of football, over the past few decades there have been particular chairmen, not many, 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 future."

'If we get it wrong, extraordinary progress vanishes'

The chairman convened with officials from numerous teams to explain the responsibilities of the regulator on Wednesday and stated it constituted a "proactive meeting" with a "significant participation" from the National League to the Premier League.

"The role holds considerable importance, because should mistakes occur, if the sport makes errors, the remarkable development accomplished necessary will vanish rapidly," the chairman stated.

"And that's what nobody wants in the realm of domestic football is a huge success story - we must maintain momentum.

"Substantial financial resources entering the sport and has come into football for the last 20 or 25 years, because there's no guarantee it will keep flowing into the sport, which is part of the rationale behind I think we have to take a really clear view on potential dangers and naturally, of the coming seasons."

Top Flight Apprehensions

Elite division representatives objected to the formation of an authority because of concerns about detrimental effects on the Premier League's sporting equality, but the regulator stated: "I completely endorse the achievement and development as an economic entity of the Premier League.

"Being fully aware of the worry about compromising the division as a high-quality offering of England. But simultaneously, if you talk to the Premier League after the recent gathering, they would have had a high level of reassurance -and, indeed, they have been advising us privately they have a high level of reassurance."

Ideological Links

Kogan is still facing a "comprehensive investigation" by the Commissioner for Public Appointments after he acknowledged providing funds to the political party in recent years.

The 68-year-old contributed funds to Secretary of State for Culture, Media and Sport the politician's campaign, along with that of the current Prime Minister.

"I have fully disclosed my previous political affiliation [with Labour], and that political affiliation came to an end the day the parliamentary committee confirmed my selection," the regulator explained.

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