The Football Association, Premier League and Football League have proposed a new independent body to monitor club owners in an attempt to reform English football.
The decision to introduce the FA Regulatory Authority (FARA) comes after the Government called for improved governance within the game.
The FA, along with the English leagues, said: "The FARA will be responsible for the operation of the disciplinary procedures for on and off-field offences and for ensuring that the penalties applied adhere to the highest regulatory standards.
"The FARA will also oversee the consideration and determination of complaints, disputes and other matters relating to alleged breaches of FA rules and regulations, including appeals from county FAs.
"The tasks of the new FARA will include the determination of applications under FA and league owners and directors' criteria, and also determination of applications for ground moves."
The new proposal could also result in the FA board members being cut down to 12 or eight as opposed to 14.