Thanks for compliment and posting on here Mr Afro.
It may be my writing/thoughts, but I would urge people to read it. If the FL don't act over the concept of 'beneficial ownership' then over the next couple of years there would be nothing to stop clubs being purchased by owners that already own another club.
It could be the end of football as we know it, with lots of feeder teams for those in the champions league. The main difference between now and the future is that this would be formal relationship. Which no-one outside the FL/FA would necessarily know about...