The bill was launched on Tuesday and must go through parliamentary process before it is made law.
The government announced plans to appoint a regulator in February last year, following a fan-led review in 2021.
Legislation would grant powers to a body, independent of government and football authorities, to oversee clubs in England's top five men's tiers.
The regulator would have powers revolving around three core objectives: improving financial sustainability of clubs, ensuring financial resilience across the leagues and safeguarding English football's heritage.
The bill includes backstop powers around financial distribution between the Premier League and the EFL, so that if the parties continue to fail to agree on a 'new deal', the regulator can ensure a settlement is reached.
The Premier League had been expected to come up with proposals to put to the EFL almost two weeks ago-anticipated to be around £900m over six years-but nothing was forthcoming, adding to EFL frustration.
Denne historien er fra March 24, 2024-utgaven av The Football League Paper.
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Denne historien er fra March 24, 2024-utgaven av The Football League Paper.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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END OF CUP ROAD FOR EFL BATTLERS
EFL interest in this season’s Carabao Cup came to an end in midweek, but it certainly wasn’t for the want of trying.
GOALS GALORE IN THE TROPHY
THE goals flew in from all angles as the Bristol Street Motors Trophy revved into action again in midweek.
KEEPER GAFFE SINKS TOWN
HUDDERSFIELD boss Michael Duff questioned his players’ mentality after goalkeeper Chris Maxwell’s bloomer handed NonLeague Tamworth a shock win.
ACE SLEW & WILLIAMS SEE OFF REBELS...
DECISIVE goals at either end of the game from Jordan Slew and Rhys Williams helped League Two Morecambe avoid a potential banana skin against National League South outfit Worthing.
MATT'S MEN JUST HAVE ENOUGH GAS
HONEST Bristol Rovers boss Matt Taylor has acknowledged his side were pushed all the way in their tie against Weston-super-Mare.
'WHITES' ARRAY OF FIREPOWER WILL GIVE THEM THE EDGE OVER RIVALS'
GARY Rowett says Leeds’ glittering arsenal of attacking stars will bring the Championship title to Elland Road.
POMPEY'S GAME OF TWO HALVES
Murphy's in to deny the Tigers
SET-PLAY PREP PAYING OFF FOR PELACH
NARCIS Pelach admitted Stoke have been working tirelessly on set-pieces since his arrival – and he was pleased the hard work paid dividends with the winner against Derby.
Robins lays marker to his Sky Blues
MARK Robins has challenged his Coventry City players to go on a Championship charge after the Sky Blues ended their wait for success on their travels with resounding victory against ten-man Boro.
JUST FAB FOUR BAYO IS UNSTOPPABLE
FOUR second-half goals in an incredible display from Vakoun Bayo powered Watford to a resounding victory at Hillsborough.