The Sky Sports pundit believes that the measures are necessary to reduce the role of agents in football and avoid a financial crisis.
"[Agents'] influence in recent years has grown to a level that means football needs to act to address the situation and find ways to curb their influence," Neville told the Daily Mail.
"My concern is that just as the banking sector was allowed to run rampant over the last 20 years with little regulation, which led to an unjustifiable culture, football could be heading the same way."
The ex-England international also believes that each club's expenditure on individual agents and their companies should be made public.
"The Government seems to set up an inquiry into something most days of the week, but football could really do with an independent inquiry into how agents influence the game. And then come up with some proposals as to how to regulate their role," he added.
Neville spend his entire playing career at United, retiring from the game in 2011.