Football Association chairman Greg Dyke claims Wembley has a "good chance'' of being chosen to host the final and semifinals of Euro 2020 -- the first time England will have succeeded in a bid for a major men's football tournament for more than 20 years.
Wembley is up against the Allianz Arena in Munich but with the German FA (DFB) concentrating on a bid for Euro 2024, the England bid is a clear favourite ahead of UEFA's executive committee meeting in Geneva on Friday.
England has not succeeded in winning a bid for a major tournament since 1992 when it was awarded Euro '96, and since then it has had two failed World Cup bids. UEFA is staging Euro 2020 in 13 cities across Europe to mark the 60th anniversary of the European Championship.
#INSERT type:image caption:Wembley is expected to be named as the venue for the Euro 2020 semifinals and final. END#
Dyke said: "We are down to two between us and Germany, who want to host it in Munich. Munich is a great stadium but I think we feel that we have got a pretty good chance.
"It is the first time the Euros have been played like this, played all over Europe. It would be seen in many ways as England being the host, even though we are not, because of playing the semifinals and final at Wembley. Of course, what we would hope for is that we are there.
"You can never be too confident. I think Wembley is a great stadium and we have got a pretty good chance of hosting the final and the semifinal, so you get three big games.
"It would be great for English football. It would be even better if England can reach at least the semifinals. That's the aim. Well, the aim is to win it but let's try and get to the semifinals.''
The Germans have hinted they may withdraw their bid just before the vote but UEFA may prefer them to continue to at least have a contest rather than a coronation.
Dyke added: "What is clear is if you get 2020 then there is no point in bidding for 2024. So it could well be that the Germans could decide they withdraw from 2020 to bid for 2024.''
#INSERT type:image caption:FA chairman Dyke hopes that Germany withdraw their bid before Friday's UEFA executive committee meeting. END#
However, should England win their bid to host the semifinals and final of Euro 2020, it means that one of Scotland, Wales or Ireland will likely miss out on staging matches at the tournament.
Scottish FA chief executive Stewart Regan acknowledged it was "highly unlikely" that all four British and Irish bids would be successful and Scotland have the most to fear after the commercial side of their bid was described as "inadequate'' in UEFA's technical reports.
Regan said: "There are four bids from the UK and Ireland and I think it is highly unlikely all four are going to be hosts.
"It's a difficult one to call. We have gone from over 30 countries down to 19 and we have read all the technical reports and there are pluses and minuses in most of them.
"It is out of our hands, but in our favour we have the history and heritage of Glasgow including some of the most famous European club and international games.
"Because it is the 60th anniversary of the European Championship we think history will feature very heavily in its branding.
"We believe our bid is technically strong. There were a number of concerns raised about the bid but there were concerns raised about almost all of them.''
Wales' bid was given a boost by the UEFA technical report, which rated the Millennium Stadium third overall and in terms of income generation to UEFA.
Jonathan Ford, chief executive of the Football Association of Wales, said: "We know that we've got a very strong bid. We also know that the Millennium Stadium was third ranked as far as the income generation to UEFA, based, of course, across the capacity and hospitality offering that we have in the city. We've done all we can.
"The English bid, the Welsh bid, the Scottish bid, the Irish bid -- they're all strong bids. The issue now is about the politics behind it and it's whether or not the British are perceived, with Scotland, England and Wales all bidding, as having too many in what some still regard as one country.''
UEFA's 17 executive members will vote on the 13 host cities, but if their countries are involved they will not be allowed to take part.
It means 15 members can vote for the host city for the final, but only eight members initially in the vote for the group stage hosts. It is expected that votes will be done on a "ranking" basis, with members ranking their top four venues in terms of preference.