Premier league clubs Aston Villa and Crystal Palace have warned that their plans to regulate the game could harm the English league's success.
During the meeting on Wednesday, Lawmaker Tracey Crouch called for parliament to back a new regulator and made a series of recommendations, including a transfer tax, that would be paid to lower league clubs.
Crouch's panel consulted with fans and others in the game at various levels, and backed the creation of a regulatory body to oversee the game's finances, club ownership and corporate governance.
The move would weaken the powers of the Premier League and other leagues, and also the Football Association to govern the game.
"Unfortunately, these solutions have enormous, unexpected, consequences that can make the game a lot worse in the long run," said Steve Parish, chairman of Crystal Palace.
I am the'seek' to conquer of a giant rebellion, but 'never any doubt'. Leaving the UK, the British game, the world's best game without a doubt, us out of the COVID crisis, the world's game without a doubt. Everybody looks on us, especially everywhere in Europe, merely, comedically, thinking that we'll create a massive act of self harm, he added.
All in this report are recommendations of a 'golden share' for club fans, giving veto over certain issues and the creation of'shadow boards', and supporters.
Parish said that all football fans wanted different things.
There are many sledgehammers to crack nuts in this report.
What Crouch is writing makes a photograph of Gigg Lane the home of napoleon club Bury in the year 2019 being expelled from the Football League and infected with administrative charges.
But Parish said that the club's fate is unusual.
In 120 years, some businesses went into liquidation and, as of now, there will be another Bury Football Club, something that goes from the ground up. However, there are a lot of things in the report that would make football worse, harder to run and very a lot less attractive to investors."
Christian Purslow, Aston Villa CEO, also rejected the proposal.
The Premier League has always been a source of money for the rest of the football and the danger to defeat the golden goose is of course so important that it would be successful as a business operation.
Our standards: Our standards: ours.