The groundbreaking new competition will see the best club sides from the northern and southern hemisphere finally face off to be crowned the best club side on the planet.
Premiership Rugby chief executive Simon Massie-Taylor revealed: "Yes. It’s a project which is moving forwards and continues to be explored.
"It would be brilliant to officially answer who is the best club team in the world. It would help grow the appeal of club rugby and naturally puts your club brand on a global scale.
"I see the value in it – it’s obvious to a lot of us – but we’re still in the process of finding out when it would be, what the format would be, and the commercials.
"It’s an exciting innovation we could see in the next few years."
Club World Cup latest: Talks gathering pace as part of wider discussion on new global calendar post 2023. Positivity in rugby's corridors of power it will get off the ground, but not until 2024 at the earliest. @MailSport story here: dailymail.co.uk/sport/rugbyuni…