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The English Premier League has proposed "substantial" changes to the British government over the way it regulates the finances of its clubs.

League executives met Tuesday with Andy Burnham, the Secretary of State for Culture, Media and Sport, to discuss their responses to seven questions he posed to football authorities last year about the financial sustainability and governance of the English game.

"They are taking it very seriously and coming forward with some very substantial proposals for change," Burnham said Wednesday on the sidelines of a conference looking at sport in the recession.

Burnham's principal concerns are about whether the levels of debt in English football are sustainable in the long term and whether takeovers that burden clubs with debt are healthy for the game.