Le Tissier said he hoped to get it into place for next season
Guernsey's top football clubs are discussing forming a side which would compete regularly in an English league.
The island scrapped plans a year ago to join the Kent League, but the new proposal is for Guernsey's eight top-flight clubs to own the team.
Guernsey FA chairman Mark Le Tissier said: "It's inclusive rather than an exclusive team. We're hoping it will be a successful formula."
Guernsey Athletics' 2009 proposal was put on hold because of the recession.
Le Tissier said: "The difference this time round is that it would be the whole of the senior clubs that will be involved in it. Therefore they would all have an interest and therefore all their players would be available to play.
We will have to work with the FA to identify the right league at the right level and depending on which league we find is the right one will depend on the number of games
Guernsey FA chairman Mark Le Tissier
"We've put the concept to the clubs and they are going away to discuss it within their own individual committees and then meet together before coming back to the GFA on 28 March with what their thinking is. From then on we can take it forward in what we think is the best way."
He said the working title for the team was Guernsey FC, but that it would be up to the team's board to decide on a name "if we're successful in facilitating this team".
He said: "We will have to work with the FA to identify the right league at the right level and depending on which league we find is the right one will depend on the number of games, but it could be anything between 36 and 42 games a season.
"It's quite a substantial programme and we have looked at the fixtures and we are confident that we can fit that into our existing schedules and also carry on at the same level of games as we have in the moment in our local league."
Le Tissier said the initial aim had been to get this in place for next season, but that there may not be enough time.
He said: "We think the timeline may be a little bit tight because you usually need to enter leagues in the UK by March so we might be pushing it for next season, but if not then it'll be the season after."
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