Fourteen of the 20 top-flight clubs would have to agree to the idea should it be put forward, but even then the idea could be scrapped as the Football Association have the power to veto any proposal.
Harry Redknapp: "You can't have too many foreign owners coming in here wanting to change our game.
"Eventually, you will end up playing loads of games around the world. That will happen.
"They will take the games to where they want to play them. If you have owners from China, India, Russia, America, they will want to take their teams there to play. I can see that will happen.
"It is a world game so I can see that as a possibility. When you go to Asia now the support and following is amazing for the Premier League.
"But the promotion relegation thing is beyond a joke!
"How can you not have promotion and relegation? It's scandalous.
"What is the league about? When the play-offs first came in in the Championship and the first and second divisions, people said we don't want the play-offs, but they have been a fantastic thing.
"It keeps the league going. Years ago, with 10 games to go, the league was over.
"If you were not going to win the league be promoted or relegated then you would switch off, now everyone is fighting for something.
"It is competition, teams trying to stay up. What is more exciting than the last day of the season when teams are looking to stay up and win the championship? You have to have promotion and relegation."
THE TOON BOOK FOR XMAS - "MAGPIES IN EUROPE"
£9.99 Available From:
NEWCASTLE-UPON-TYNE
M&M News; 140 Northumberland St.
One Stop News; 44 Blackett St.
Blackwell Bookshop; 141 Percy St.
The Back Page; 56 St Andrews St.
Gallowgate News, Percy St.
CHESTER-LE-STREET
The Bookcase; 131 Front St
SPENNYMOOR
The Flower Shop, Front St.
ONLINE:
www.Lulu.com
"Magpies In Europe" is available NOW! It features match reports and individual features from Toon fans on the 60 'away' trips Newcastle have made in Europe. Sports Journalist Richie Everson: "At last a book that the fabulous Newcastle United fans can relate to. It's informative, all the facts and figures are there, plus the 120 match reports from all the fixtures ... but it is the articles by the supporters that amazed me. "I went to many of those games, and this is the only book I can honestly say 'hits the nail on the head'! "Yes we know the results and the scorers, but some of the facts in this book had me so wrapped up in it I couldn't put it down. "Was Benny Arentoft cup-tied when he played in the final? Big Wyn and his battle with John McGrath; McFaul scoring a penalty when the crowd had gone home; the trouble in Palermo; it is all amazing stuff. "I would honestly give this book 10 out of 10." MAGPIES IN EUROPE From Antwerp to Zurich Price: £9.99 (including post) The book is available NOW!