Scandal-hit Fifa is likely to elect a new president on the 16th of December at an emergency meeting in Zurich.
The BBC reports that representatives from all 209 member associations will be invited to the Swiss city to vote in a new presidential election.
Fifa president Sepp Blatter tendered his resignation last Tuesday, less than a week after Swiss police staged a dawn raid on a luxury hotel in Zurich and arrested several officials on corruption charges filed by U.S. prosecutors in New York.
However, Blatter is intent on staying in office until his successor is appointed.
The BBC added that a final decision on the date for a presidential election is not expected to be made until July, but it is believed holding an emergency congress in mid-December is Blatter's preferred option.
Jordan's Prince Ali Bin Al Hussein, who lost out to Blatter in the previous election, is tipped as a possible candidate while Chung Mong-joon, the billionaire scion of South Korea's Hyundai conglomerate, is also weighing up his bid to replace Blatter.
Meanwhile:
Fifa Secretary General Jerome Falcke has dismissed allegations of wrongdoing over $10 million in bank transactions between South Africa and the soccer governming body that are under investigation by US authorities.
The transactions ahead of South Africa's hosting of the 2010 World Cup are central to a US bribery investigation against Fifa.
In an emotional appearance at a news conference in the Russian city of Samara, a venue for the 2018 World Cup finals, Falcke said there were no grounds to blame him or Fifa over the way the funds were used. He said the money belonged to South Africa and the payment to the diaspora legacy fund was in line with Fifa rules.
He said the money was paid into legitimate bank accounts and not the private bank account of fallen West Indian Fifa executive Jack Warner.
Falcke added that plans were on track for the 2018 World Cup in Russia, but that in light of the current investigations underway at Fifa, the bid process for the 2026 World Cup had been put on hold.
