The Football Association have hinted that players who feature in the European Championships may also compete for Team Great Britain in the London Olympic Games next year.

The governing body has stated that "sensible dialogue" will need to be carried out between clubs over certain players who wish to play in both competitions.

Manchester United boss Sir Alex Ferguson has been vocal in his opinions that players should not appear in both tournaments. However, the FA have suggested that it is not an impossibility.

A statement read: "At no time during Thursday's media conference to announce the Team GB Olympic Coaches did the FA representatives at any stage suggest or propose the names of Wayne Rooney, any Manchester United player or Jack Wilshere as possible members in the Olympics squad.

"Furthermore, The FA did not say players would be selected for both tournaments, but stated clearly the organisation would not be locked into a policy of ruling it out.

"We also made it very clear the need for sensible dialogue with clubs, players and representatives and that everything would be handled with common sense."

England Under-21s coach Stuart Pearce was announced yesterday as the men's manager for Team GB football.