Montagliani told The Times: "I can't see why, not just England but the United Kingdom shouldn't be hosting the World Cup. I think it would be a fantastic World Cup and I think they should seriously think of putting their foot forward to host. We all know what the game means in the UK and I think it's time.
"I support what we have done in recent history, I think it's the only way. Now it shouldn't be the FIFA president's decision alone, he has a board, he has a council.
"But I think the old way we used to do it where people just waste their money and then all these shenanigans happen. That's ridiculous. Let's get away from that.
"Let's become a proper business. Let's have an event management strategy so that we're properly rotating it, everybody gets a crack at it.
"The reality is that the World Cup generates 80 to 90 per cent of FIFA's income, which then sends 80 per cent of that back to its members for the development of football, and if FIFA doesn't generate that money there is a significant number of the 211 countries that do not have the funds to develop football."