A Tasmanian government-backed report has suggested that a new Tasmanian AFL team should have its headquarters in Hobart but play home games in both the capital and Launceston.

The report - commissioned by the Tasmanian government - lays out a detailed business and football case for Tasmania fielding a team in the AFL, and puts forward a hypothetical timeline of the middle of this decade - 2025 - as the earliest that Tasmania could be ready to field a team. AFL boss Gillon McLachlan said this week that Tasmania was unlikely to have a team in the next five years.

The report - the work of a special taskforce and the centrepiece of the most concerted push for a team yet by the Tasmanian government - suggests that the Hobart games could be played at a proposed new boutique stadium on the waterfront, at Macquarie Point.

Sources familiar with some of the report's findings or recommendations said that report presents a detailed case that the Tasmanian team would be economically viable and would not require excessive support from the AFL compared to other clubs.