Introducing an independent regular will serve up some "easy wins" as well as settling the ongoing financial disputes between the Premier League and lower tiers of the English footballing pyramid.
That was the message from football financial expert Kieran Maguire, who spoke to Stats Perform as charges continue to be pressed against the likes of Everton, Nottingham Forest and Leicester City.
Everton had an initial 10-point deduction reduced down to six for a breach of the Premier League's Profit and Sustainability Rules in the 2021-22 reporting period, though the Toffees are this week arguing a second case, which refers to the 2022-23 reporting period.
Forest saw four points taken away for their own misdemeanours under the same ruling, while Championship title contenders Leicester could face a points deduction for a breach from last season, when they were relegated from the top flight.
The UK government has already reaffirmed its commitment to introducing an independent regulator for English football, which would be a standalone body to rule over existing competition authorities.
That move is welcomed by Maguire, who believes the additional form of governance would protect the future of clubs and have the best interests of fans in mind.
"I think [English football's independent regulator] is going to cover a variety of issues, some of which, I think it's fair to say, are easy wins," academic, broadcaster and author Maguire said.
"The setting up of fan advisory boards, who will potentially have the right to a golden share in the club, would give them the ability to veto a change of the club's home shirt [for example].
"[That] is always a very emotive issue as far as clubs are concerned."
A plethora of clubs have suffered from lacklustre ownership across the English Football League in recent years, with League One side Reading the current strugglers under Dai Yongge's stewardship.
Former Premier League side Derby County also went into administration in 2021 owing to ownership struggles and they remain in League One after a downturn in performances on the pitch following off-field issues.
Maguire insists an independent regulator could somewhat avoid these issues, adding: "It's likely that there's going to be a series of tests to make sure that prospective owners are of appropriate, good character and have sufficient funding."
Funding remains a topic of discussion at English football's top table, too, with the Premier League still negotiating financial deals with the English Football League (EFL).
Maguire believes if agreements between the two competitions over lucrative financial rewards cannot be agreed, the regulator would serve a purpose as an independent and unbiased adjudicator.
"I think this is why the Premier League have been so against the idea of the regulator due to its ability to determine a financial agreement between the Premier League and the rest of football," he added.
"We've seen the Premier League reject the proposals for the EFL to have 25 per cent of the overall TV deal. The Premier League has rejected the EFL's desire for the abolition of parachute payments.
"Could the regulator step in? My understanding is that it would much rather Richard Masters and Rick Parry corral both their sets of troops and come to an agreement.
"But it is prepared to say, 'Well, if you fail to do that, then we will step in and be a decider of last resort'."
Leicester City seal automatic Premier League return
Leicester City are once more a Premier League team, having bounced straight back after relegation last season.
The Foxes secured automatic promotion without kicking a ball, as title rivals Leeds United lost 4-0 away to Queens Park Rangers on Friday.
Marti Cifuentes' Hoops side gave their fans a reason to cheer in their final home game of the season, and the emphatic win means they are now seven points clear of the relegation zone.
The Hoops boss told BBC Sport: "I came here, perhaps I was crazy thinking we could manage the great escape.
"The atmosphere has been unbelievable since I came here. Everybody thought tonight could be a special night to achieve our target.
"Big players deliver big performances and our players all did that tonight."
Defeat ensured only Ipswich Town can now finish above Leicester, meaning the Foxes will be back in the big time.
Ipswich, who have three games left to play, face play-off hopefuls Hull City on Saturday.
Speaking to BBC Sport, Leeds boss Daniel Farke said: "It's not in our hands any more [automatic promotion], we need to be honest.
"The race is not over. If Ipswich win the next two games then I will say congratulations, but if they don’t win them then we will have a lot to play for.
"As long as we have a chance, I’m far away from giving up."
Leicester could be crowned champions if they beat Preston North End on Monday and if Hull beat Ipswich.
The Foxes are looking to break the 100-point barrier, despite a wobble from Enzo Maresca's side in recent months.
After they had been so far ahead and top for all but two of the 176 days between 23 September and 17 March, an untimely dip in form handed Leeds and Ipswich hope.
However, while Leicester celebrate their promotion, they face the daunting prospect of starting next season with a points deduction, after they were charged by the Premier League with alleged breaches of the competition's Profit and Sustainability Rules (PSR).
Nashville SC v San Jose Earthquakes: ‘A win would change everything’ - Godoy
Anibal Godoy insists that Nashville are already looking at their game against San Jose Earthquakes on Saturday as a must-win.
Nashville have won just once in the MLS this season and sit in 14th place in the Eastern Conference after a run of four without a win.
The Earthquakes, meanwhile, are bottom of the Western Conference having lost eight of their matches and recording just one win.
Godoy is aware of how their poor start to the season could affect their playoff hopes later down the line but is confident that Nashville can turn things around.
He said: “For us, it's an important week. It's a day we have to win, or we'll start to feel the pressure from other teams as they start to separate in the table.
“This league is long but if we want to get to the playoff you have to win games early on, especially at home.”
Liverpool agree compensation deal for Slot
Liverpool and Feyenoord have reached an agreement in principle over a compensation deal for Arne Slot to become the Reds’ manager next season, according to widespread Dutch media reports.
The Dutchman is reportedly poised to take over from Jurgen Klopp, who announced in January that he would be leaving the club at the end of the campaign.
Slot led Feyenoord to their second Eredivisie title last season after taking over the club in 2021.
It is believed that he topped the list of Liverpool’s favoured candidates due to his attacking playing style and ability to develop players.
Former Liverpool midfielder, Xabi Alonso, who led Bayer Leverkusen to their first Bundesliga title, and Sporting CP’s Ruben Amorim were also reported contenders to take over from Klopp.
Slot had already confirmed his interest in managing in the Premier League, both earlier this week and previously when he was linked to Tottenham in 2023.
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