The Football Association is considering putting England forward as a potential host for the 2030 World Cup.
The last major tournament played in England was the 1996 European Championship, 30 years after the country hosted its only World Cup.
FA chairman Greg Clarke says the governing body's board has agreed to start work to see if a bid is feasible.
"This work will take place during the new season and no decision will be made until 2019," added Clarke.
Wembley is already hosting seven games during Euro 2020, and the FA has bid to host the European Women's Championship in 2021.
England failed with a bid - fronted by former captain David Beckham, Prince William and former prime minister David Cameron - to host the 2018 World Cup.
Russia were instead announced as hosts by Sepp Blatter, the ex-president of world governing body Fifa.
England felt aggrieved by that bidding process but it is thought the FA has been encouraged over 2030 by the greater transparency around the recent vote for the 2026 World Cup, which was won by a joint United States, Canada and Mexico bid.
It will now decide whether to bid to become the potential candidate from Uefa, European football's governing body.
Fifa vice-president David Gill said in June England should have "great confidence".
However, there is expected to be a strong joint bid from Argentina, Uruguay and Paraguay, with 2030 marking the 100-year anniversary of the first World Cup in Uruguay.
784 View