While debate rages about Tasmania's bid to join the AFL as the competition's 19th team, reports have emerged that SANFL club Norwood is reportedly developing a plan to become the 20th, which the club has now denied.

The Tasmanian bid is yet to be given the green light, with issues around funding and a stadium still plaguing the potential 19th team.

Despite the lack of approval, speculation is already swirling about a potential 20th team, an entry that would ensure that there are ten games each weekend.

Speaking on Triple M Adelaide Breakfast,ย sports commentator Chris Dittmar revealed that he believed Norwood were shaping up to be that team, with business people connected to the club reportedly putting together a bid.

โ€œTwo different people have told me this in the last seven days, therefore I think there's something in it,โ€ Dittmar said.

โ€œI don't know the likelihood of it happening, I don't know if it can happen. But we've got two AFL teams in this town, obviously, the Crows and Port Adelaide.

โ€œThere's an SANFL club putting together a bid, I believe, a group of business people attempting to get into the AFL.

โ€œWho would really, really want to go into the AFL, you reckon? Who's equipped.

โ€œI'm led to believe there's a group of Norwood business people ... when Port Adelaide went in, there was a lot of talk at the time. There was a joint bid at some time, Port and Norwood were talking together at one point. And then both went separately (to bid).โ€

The Redlegs have won 31 SANFL premierships, and would become the third team in South Australia alongside Port Adelaide and Adelaide.

Speaking on FIVEaa Breakfast's David & Will program, Norwood CEO James Fantasia said there was "no real truth" to the speculation, denying that conversations had been held.

โ€œThere's no real truth to that rumour. There's no other licenses and we're certainly not sitting around as a board or as a group talking about entering into the AFL," Fantasia said.

โ€œThere's certainly no truth to that at the moment, that's for sure.โ€

Fantasia didn't rule out any potential future bid though, admitting that the club would probably consider it in the future.

โ€œAbsolutely. I think you'd be derelict for any board not to consider it," Fantasia said.