Football Governance Bill: Culture Secretary Lisa Nandy warns peers against trying to block bill in House of Lords

Supporter groups and the EFL are among those to have welcomed the bill, but the Premier League has expressed concern at the regulator having “unprecedented and untested powers to intervene in the distribution of [its] revenues”.

The Premier League also said it could have “a negative impact on competitiveness, clubs’ investment in world-class talent and the aspiration that drives our global appeal and growth”.

It is talking to government with a view to persuading it to make changes to the framework of the legislation in order to avoid what it has called “unintended consequences”.

The legislation has also faced opposition from peers such as West Ham United vice chair Baroness Brady, who has told the Lords that there are “dangers lurking in this bill”.

On Monday, Brady said: “This unprecedented intervention into private commercial rights must be carefully scrutinised.

“It very obviously has a differential and disproportionate impact on the clubs within the Premier League. It is also clear that the consequences of this seismic and deeply flawed intervention have not been fully understood.”

However, when responding to a number of proposed amendments, Blunkett said: “What is this all about?

“It is quite right that we in this House should scrutinise, raise legitimate argument and challenge a bill of this sort.

“But I say to the Premier League, and to those who are, by the very nature of the debate over the last three committee days, involved in taking the briefings: overdo this and you will do so at your peril, because at some point millions of fans out there might learn what is going on with the filibuster taking place in this committee and, when they do, they will be very angry.”

The Premier League has been approached for comment.