The Football Governance Act received 'Royal Assent' on Monday July 21st, meaning it has been passed into law in the UK.
An independent regulator will now oversee the men’s professional game from the Premier League down to League Two, granting power to a body that is separate from government and footballing authorities.
Starmer said: "This is a proud and defining moment for English football. As someone who has loved the game all my life, I know just how deeply it runs through our communities.
“It’s where memories are made, and generations come together. Our landmark Football Governance Act delivers on the promise we made to fans.
“It will protect the clubs they cherish, and the vital role they play in our economy. Through our Plan for Change, we are ushering in a stronger, fairer future for the game we all love."
The purpose of the regulator, which will launch later this year, is to improve financial stability across the top five leagues, while also preventing clubs from joining break-away leagues like the European Super League.