McCabe said: "Our relegation was in many ways down top the inadequacies and lack of proper governance at the FA Premier League.
"Regrettably, I don't think we can turn the clock back. A season and a half has gone by now since relegation. It would be difficult, not impossible, but difficult for reinstatement.
"But we are determined not to be pushed aside over this sporting injustice. They (the Premier League) are under-managed. They hide behind setting up and independent panel to penalise a club that's breached the rules and believe that alleviates their job to govern the game.
"We've got to accept the commercially and business that's attached to football now, but it should never overtake sport itself, and that's where governance has got to be improved.
"We really need to get a restructure of the governance of the FA Premier League to stop what happened to us ever happening again."