In the House of Commons today, MPs were debating the proposals for a new independent regulator for football in the UK, alongside other proposed reforms.
These are all part of the Football Governance Bill.
The chief executive of the Premier League, Richard Masters, has claimed regulation could "undermine" the competition.
Luke Evans, the Tory MP for Bosworth, asked Culture Secretary Lucy Frazer about the matter.
The minister replied: "We do not want to do anything at all to damage the Premier League, it is world leading, it's worth £7 billion, people look to it across the world.
"What we are doing in this legislation, and we have worked very, very closely with the Premier League, with EFL and others, to try and get this balance right."
She had support from across the chamber in her endeavours, with Labour's MP for Manchester Withington, Jeff Smith, saying there is "nothing in this bill that will jeopardise" the Premier League's success - adding that there had been a "fair amount of scaremongering" in recent weeks.
The bill is making its way through parliament, with more debates to come.