Stanford will meet ECB chairman, Giles Clarke, to discuss the proposals today. The billionaire has already bankrolled a Twenty20 tournament in the West Indies.
Clarke also said that he will consider proposals for an English version of the Indian Premier League (IPL). England's centrally contracted players are currently not allowed to appear in the IPL and Clarke plans to launch his own Twenty20 tournament as early as 2010.
Clarke will lead an ECB delegation to India this week to observe how the IPL is run and forge potential future links with the IPL organisers.
