John Terry is understood to have been stripped of the England captaincy.
The move follows concerns over the defender being the figurehead of the national team with a forthcoming racism trial hanging over him.
Football Association chairman David Bernstein had contacted all the other members of the 14-strong board to seek their views after the announcement that Terry's court case will not take place until July 9 - after Euro 2012.
It is understood that the majority view of the board members was that Terry should stand aside as captain.
Terry has been accused of racially abusing QPR's Anton Ferdinand, a charge which he denies.
It would be the second time the Chelsea captain has been stripped of the England armband having also lost it two years ago after allegations surrounding his private life came to light. More than one board member argued strongly that Terry should not be the England figurehead with such a serious charge hanging over him, and that the FA should act immediately rather than putting off a decision until the next board meeting on February 23.
The spectre of England being forced to make a complaint about racist abuse from the crowd when playing matches in Ukraine this summer has been raised - it would be difficult for the FA to take the moral high ground if England's captain is himself facing a criminal charge for racism.
Some significant voices had been raised calling for Terry to stand aside.
Damian Collins, a Tory MP who sits on the culture, media and sport committee and who has made a name for himself as a campaigner for FIFA reform, told Press Association Sport: "He is in a public position as England captain. Anyone else in a public position faced with such a criminal charge would stand aside from their position and then if cleared be able to return to that position."
Press Association, photo: 13bobby