The teams last faced each other in Dublin in 1995, when the game was abandoned after 27 minutes after England fans started a riot in the stand at Lansdowne Road.
However, Football Association of Ireland chief executive John Delaney reckons there is a strong appetite for the teams to meet again.
Delaney said: "I think there is real enthusiasm, particularly from the English FA, to have England in Dublin sooner rather than later."
Ireland coach Giovanni Trapattoni revealed talks have been ongoing for some time in setting up the fixture.
Trapattoni said: "We have been speaking for two years but their diary was busy. Now I think England accept, so we wait."
And Ireland midfielder Keith Andrews insists he would relish the chance to take on England.
Andrews said: "It would be fantastic. We haven't played them in a long time."