Petition for an independent regulator for football

In the light of recent events at Bolton and Bury the following petition has been raised by Against League 3:

https://petition.parliament.uk/petitions/268665

"We petition HMG to legislate for the creation of an independent regulator for football and subsequently to oversee the implementation of such a body. We assert that the finances and administration of football are in crisis, that self-regulation has failed and that, without a new independent body, there is a serious risk that clubs will begin to fold. A year on from the government’s refusal of an independent regulator, the situation for clubs has deteriorated to the extent that we believe the decision needs review.

Full information can be found at http://againstleague3.co.uk/2019/07/30/independent-regulator-epetition-supporting-submission/