The Commonwealth Games Federation (CGF) is concerned about a lack of interest from member countries in hosting future Games, as no member country has expressed serious interest in hosting the 2022 event ahead of a March deadline.
The CGF's future is under threat due to infighting among some of the 71 members.
A CGF spokesman said an Extraordinary General Meeting was being held in Kuala Lumpur on Friday, at which issues will be fully aired and resolved.
The 20th Games begin in Glasgow on 23 July, with Australia's Gold Coast due to host in 2018, The BBC reports.
Money is the major factor in all bids it is understood the global financial climate may be discouraging nations from bidding.