Jersey is now a member of Conifa after an application by former island defender James Scott was accepted by the confederation.
It organises tournaments for small nations which are not recognised by the sport's traditional governing bodies, including the World Football Cup which took place in London this summer.
The new team, which is called Parishes of Jersey and will be based at St Peter FC, could soon be playing international football under that banner.
Several current island players, including captain Jack Boyle, have expressed their support for the project.
The Jersey FA, which is still pursuing Uefa membership despite being rejected in February, recently announced the island's senior sides will play in a new Southern Counties Cup Competition this season.
It is all part of attempts to provide Jersey's top players with a more challenging and competitive games programme.
Next year Conifa is holding a 12-team European Football Cup in Artsakh in the Caucasus.