Tracey Crouch hailed a "big day for football" after the government unveiled plans for a new independent regulator.
But worryingly for EFL clubs, the government has left it to football to sort out its own financial agreement with the Premier League - with any solution still miles apart. And Prem bosses are also concerned that the regulator will impact upon the top flight's long term success and also put off potential new owners and investors because it could restrict spending.
The major key point of the new White Paper - which will be published in parliament on Thursday - is a new licensing system which will give fans a say on the running of their clubs and also stop the threat of clubs staging any future breakaways to join a European Super League.