According to a British website, Sports Management Agency IMG is trying to recruit recently retired stars like Beckham, his former England teammate Michael Owen and former Spain captain Raul Gonzalez to help boost the profile of the venture.
However, no AIFF official was willing to confirm the development when asked about it.
"I have only heard about it, so I cannot confirm you anything as of now," a top All India Football Federation official told PTI.
The franchise-based league will feature many international players, including a few World Cuppers. Some of the country's top players, including retired stars, are also expected to take part in the tournament.
The details of the league are likely to be finalised by August.