THE AFL will publicly reveal its $225 million Marvel Stadium redevelopment masterplan within the next eight weeks.

AFL CEO Gillon McLachlan said the 18 clubs would be given an update at this month's season-launch meeting.

"I'm optimistic it will be March, April," McLachlan said of the timeline for public release of the stadium masterplan.

"We will put some broader schematics to the presidents at the March meeting and it will be in the weeks after that when we finalise it and go public."

AFL CEO Gillon McLachlan. Picture: AFL Photos

In a deal which revolved around the AFL Grand Final staying at the MCG until 2057, the Victorian Government committed $225 million for the revamp of the stadium which first opened for use in 2000.

"I'm excited about having a venue that becomes a destination pre and post-match, I'm excited about having a venue that hopefully works seven days a week, and not just match days, I'm excited about opening up this precinct to the water in Melbourne and which develops the area," McLachlan said.

McLachlan also said his executives were analysing a 268-page document recently submitted by a taskforce recommending the permanent establishment of a team based in Tasmania.

North Melbourne and Hawthorn both have deals until the end of 2021 to play matches in the state.

Ben Stratton leads the Hawks off after a game at University of Tasmania Stadium in Launceston. Picture: AFL Photos

"We've got the report, and people in our team are going back to them on establishing a baseline in the report," McLachlan said.

"There are a whole series of assumptions and modelling and information, and hopefully we reach a baseline with the authors of that report.

"When that is done, we will pick up the conversation with our industry, and at the right time go back to the government."

McLachlan would not comment when asked for the AFL's preferred model for Tasmania.