a shoelace adjustment mechanism that provides for fastening shoelaces on shoes in which a shoelace is contiguously routed through a tightening and securing structure consisting of a plurality of shoelace winding sheaves along with the shoelace adjustment mechanism disposed on the left vamp and the right vamp such that the arrangement is capable of the rapid shoelace tensioning and loosening , the shoelace adjustment mechanism of the invention herein thereby affording greater practical value .