Appearing at the 7th annual SMi European Football Finance conference in Madrid, Lee said that a new competition proposal was likely to go before the UEFA Executive Committee in the summer.
Lee said that UEFA had noted "some enthusiasm" among the national associations for a "second national team competition", which could be played on a "Davies Cup [style] round-robin, league or knockout multi-season basis."
Not all associations, however, are likely to back the idea. The English FA, for example, is thought to have made over £6million ($8.5m/EUR9.8m) from the recent friendly international against Sweden at Old Trafford in Manchester.
