The Scottish and Welsh football associations are set for talks over the possibility of co-hosting the 2016 European Championship.
In a statement, the SFA said: "As we've always said, we would love to host the European Championship in Scotland.
"However, we realise it's a huge undertaking and, as far as 2016 goes, we simply couldn't host it by ourselves.
"We're meeting with the other Home Nations at the International Football Association board meeting in Belfast in February. I'm sure it's something we'll discuss.
"If there was a feeling that a bid was a possibility, we would then commission a feasibility study."
An FAW spokesman said "very tentative" discussions have been ongoing for some time.
FAW secretary general David Collins said: "The matter is on the agenda for our council meeting next week."
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