Regular readers will not be surprised at this announcement by the UK government today.
They are based on the report by Tracey Crouch, CBE MP, which I previously shared here.
Here is Minister for Sport Stuart Andrew explaining the new law to Kay Burley.
Despite the EPL moving against Manchester City, it is now clear that the legislative process is in motion.
Of course, in Fair Caledonia, sport is a devolved matter.
Consequently, it is down to the world-class legislators at the Edinburgh regional assembly to decide whether they think the national game needs similar structures.
One young cynic I spoke with today as I ascended my bóithrín dismissed the import of these possible changes.
His take was that even if the Holyrood Montessori copied the Westminster proposals, any putative independent body would be full of ethnic brogue wearers.
Dear reader, I found his cynicism depressing.
Then I thought of the chap in the featured image.
The late Jim Farry acted within the mores of his culture to hinder Celtic, and ipso facto assist the favoured franchise at Ibrox.
No labyrinthine conspiracy was needed because everyone implicitly knew how things worked.
The hinge factor was a litigious businessman from North America who would not accept his bottom line being subverted.
He got lawyered up, and Farry was toast.
It always takes an outsider, and Fergus was very much that.
I told my buddy that the important thing is that if these legislative changes do happen, then the events of 2012 are much less likely to reoccur.
When Rangers died eleven years ago, there were 276 creditors left unpaid, including the ambulance service, local businesses and, of course, HMRC.
Those debts had been built up over the EBT decade when the Ibrox club fielded a side they could not have afforded by fair means.
My settled view is that even if the personnel in any new regulatory body is initially redolent of an Ayrshire bowling club, that can be addressed through proper journalism scrutiny.
Obviously, the intrepid chaps on the Stenography Corps will not partake in that fourth estate function as it might adversely impact the favoured franchise at Ibrox.
They must obey their succulent protocols.
Not a chance in hell. Turkeys don’t vote for Xmas.