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.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent ? Logg på
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.
Allerede abonnent? Logg på
NOLAN BIDS TO GIVE THE COBBLERS A REBOOT
NEW Northampton boss Kevin Nolan says restoring shattered confidence is his first priority at Sixfields.
'INCREDIBLE” MAGPIES HIT DONS HARD
NOTTS County boss Stuart Maynard hailed an \"incredible\" display after his side won at MK Dons.
100-UP HERO COOKS VALE
ANDY Cook was saluted by both managers after the Bradford striker scored a goal-of-the season contender in the Bantams' victory over Port Vale.
SUPER STAGS HUNT DOWN SORRY POSH
NIGEL Clough saluted his rampant Stags as Mansfield Nuted blew Peterborough away at London Road.
FLETCHER SPOT ON TO DEFEAT POOL & LEAVE BRUCE FUMING
STEVE Bruce slammed referee Ruebyn Ricardo for awarding Wrexham a late penalty against his Blackpool side from which they produced the winner.
LAMPARD HAS ROO FEELING SO SKY BLUE
FRANK Lampard admitI ted he has great sympathy with what counterpart Wayne Rooney is going through at Plymouth after their first managerial clash ended with a thumping Coventry triumph.
THORUP DELIGHT AS CITY BOUNCE BACK
NORWICH head coach Johannes Hoff Thorup will be looking to make it a Christmas double when his side entertain QPR today.
BULLISH EDWARDS DEFENDS HATTERS
'We did deserve a point'
Cullen brace sets a mark for Luke
LUKE Williams hailed a near-perfect performance by his Swansea side against QPR and hopes they can repeat the feat versus Luton today.
WARNE: WIN WILL GIVE US A BOOST
PAUL Warne admits his Derby side's win over West Brom will give them a much-needed boost as they prepare to host table-topping Leeds United this evening.
