There is a Wales skipper vacancy after Bellamy stood down from the role because he will be unable to play every game for Wales as he manages a long-standing knee injury.
Meanwhile, Southall says he remains sceptical about plans to resurrect the Home Nations tournament, describing it as a "non-starter".
Vauxhall, who have agreed multi-million pound sponsorship deals with all four nations, are believed to be pressing hard for the competition to resume after a 27-year absence.
"I don't think England will take it seriously at all, even though Scotland, Ireland and Wales will. But at the end of the day, if it is going to be internationals, you need all the best players to play," said 52-year-old Southall.
The former Everton player believes that to attract the crowds, the tournament organisers have got to get all of the teams to be totally committed.
"These tournaments used to have appeal but the game has moved on and everyone thinks the Champions League is the be all and end all of everything," Southall commented.
"You are not going to get Alex Ferguson wanting to release Wayne Rooney so somebody making their debut for Wales, Ireland or Scotland [can] kick lumps out of him - it's not going to happen really.
"Clubs now think the Champions League comes before anything else and the home internationals will be way down in their list of priorities.
"Yes Wales might beat England but it won't be the proper England, will it?"
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