UEFA will host its rescheduled meeting on June 17 to decide what happens to the competition with several proposals on the table, including all remaining games being played in one place.
The Independent report that is considered the most workable solution with the tournament completed in August.
Istanbul was set to host the showpiece final on May 30 but the report claims there have been talks between the host city and UEFA as the absence of traveling fans means they would not be able to make a return on their investment.
Officials are thought to be continually monitoring developments regarding continental air travel as to whether games will be able to take place home and away and how away goals could work.
All remaining matches taking place in the same country could prove to be the easiest scenario.
Clubs still involved in the competition have not been made aware of dates or locations but are being updated regarding plans.
German cities and Portuguese capital Lisbon have supposedly been discussed as possible options.
Manchester City and Chelsea are still in the competition. Pep Guardiola’s side lead Real Madrid 2-1 on aggregate while Frank Lampard’s team trail Bayern Munich 3-0 from the first leg at Stamford Bridge.