The former Ballon d'Or winner, Luis Figo released his manifesto at a Wembley press conference as he prepares to challenge Prince Ali Bin Al Hussein, Michael van Praag and incumbent Sepp Blatter for world football's top job.
Among the Portugal great's eye-catching proposals was a promise to redistribute a chunk of FIFA's cash reserves and another to hold a "real and structured" debate on the possibility of introducing new technology to help match officials.
And the future of FIFA's showpiece tournament is also up for discussion with the proposal of three different World Cup structures: the current 32-team format, a 40-team tournament and a 48-team finals split into two mini-tournaments and a final knockout stage.
On the pitch reforms would include, stopping the "triple punishment rule", where goalkeepers are sent off, suspended and a penalty awarded, the testing of sin bins, and the old definition of offside returned.
Figo is one of three candidates challenging Sepp Blatter. The others are Jordanian Prince Ali Hussein and Michael Van Praag, the head of the Dutch Football Federation.
With the overwhelming support of African and Asian nations, Mr Blatter is favourite to win the election in May.