Premier League clubs will debate radical changes to the owners and directors' test at their annual meeting on Thursday, including bans on sales to nation states and leveraged buy-outs.
The controversy caused by Saudi Arabia's £300million purchase of Newcastle last year worried many clubs given the Arab state's almost limitless wealth.
At the other end of the scale, the debt-fuelled takeover of Burnley by American investment firm ALK Capital has also raised concerns, leading to talks about toughening the test which new owners must pass.
The Premier League are understood to have prepared a set of initial recommendations following consultation with the clubs but concrete changes are unlikely to be agreed.