This landmark legislation introduces a watchdog for the top five tiers of the men’s game, aiming to ensure clubs are run sustainably and are accountable to their supporters.
The new regulator will possess 'backstop' powers to impose financial settlements between the English Football League (EFL) and the Premier League if they fail to reach an agreement.
The Act's journey to law was prompted by the attempted European Super League breakaway and numerous instances of clubs facing financial distress and mismanagement.
Prime Minister Keir Starmer and Culture Secretary Lisa Nandy highlighted that the Act delivers on promises to fans, protecting cherished clubs and their vital role in communities.