Fairfax Media revealed National Premier League clubs, led by those in Victoria, were looking to set up the national second division on their own and were meeting in Melbourne last Monday.

Canberra FC have indicated their interest in being part of the venture with Cachia also supporting the competition provided it was financially viable.

"It's a really interesting one isn't it, it has the potential to make a really significant change to the whole football landscape in Australia and it's something there is an appetite for around the country," Cachia said.

"There is a real push for a second tier with the idea of promotion and relegation and if it grows the game it's obviously a good thing, but a hell of a lot of work has to happen before it gets up and going."

Cachia was unsure if a second division would be sustainable for all clubs but believes it is worth finding out and said he is a huge supporter of a promotion system.

"There are lots of things which will impact clubs like travel budgets but I think it can get up and running. Some clubs are geared up for it and it's a great concept in that it's another pathway to the A-League, " Cachia said.

"I'm a big fan of promotion and relegation, it holds teams accountable and gives incentive for other teams coming through.

"But do you want the 10 best teams in the A-League or the 10 best teams geographically because if Adelaide and Perth get relegated we'll end with an A-League full of Sydney and Melbourne teams.

"One thing I like about the A-League goes is the limited number of teams, if you get too many teams you start diluting the quality."

Olympic will meet the Cooma Tigers on Saturday in the second annual Capital Football Charity Shield at Gungahlin Enclosed Oval at 6pm.

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The clash will be a rematch of the Federation Cup Final last year which Olympic won to ignite their dream FFA Cup run to the semi-final.

"It's a trophy we want to win and is good preparation for the season proper, so we'll certainly approach it with a level of seriousness and experiment with a few new things," Cachia said.

"Stephen Domenici has joined us from the Tigers but we've played them that many times I don't think there is anything he can tell us that we don't already know.

"I'd love to say right now there's another deep FFA Cup run coming this season but look we're well prepared and a very stable team so we'll give it a good crack that's for sure."