Radical post-Brexit plans over the freedom - or lack of it - of players have been announced by English football authorities with overseas imports having to qualify in future through a points-based system when the transition period ends on December 31.
"We welcome the news that the Home Office has approved the Governing Body Endorsement plan for the January 2021 transfer window".
Clubs will also not be able to sign overseas players until they are 18, a blow to the likes of Arsenal, Chelsea and Manchester City who have made a recent practice of signing teenage European stars for their youth teams and academies.
The Premier League has been unable to secure the continuation of the free movement of players from Europe after Brexit, with a new points system being adopted for all worldwide transfers.
Players accumulating the necessary amount of points will earn a work permit automatically, while players just below the threshold may be considered for an exemptions panel.
The Premier League and the EFL have finally agreed on a rescue package for struggling clubs lower down the pyramid.
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The FA and Premier League confirmed that a Governing Body Endorsement (GBE) will be required to sign for a club in the United Kingdom from January 2021, with a points threshold required to be met in order for the player to qualify. This enables the recruitment of the best players from around the world to train and play together with homegrown talent.
"We have a strong working relationship with both the Premier League and EFL and will monitor this new agreement together to ensure it evolves to best meet our joint objectives over time".
"The Premier League has worked with the FA to reach an agreement that ensures no part of Brexit will harm the success of the Premier League or the English teams", he explained. "We will also discuss improvements to the player pathway for the mutual benefit of football clubs and homegrown talent in this country".
Not all clubs will be allowed to let spectators in, with many clubs located in areas that remain in Tier 3, meaning that games must all be played behind closed doors.
"Our commitment is that no EFL club need go out of business due to Covid-19", he said.
Culture Secretary Oliver Dowden said: "I warmly welcome this deal between the Premier League and the EFL, which provides up to £250 million support to help clubs through Covid". Fans are starting to return and we look forward to building on this as soon as it's safe.