The home nations of England, Scotland, Northern Ireland and Wales are permitted one seat on Fifa's all-powerful Executive Committee in perpetuity, although the mandate of the current encumbent, Northern Ireland's Jim Boyce, will expire in the summer of 2015, just as Ogilvie's tenure at the SFA is due to come to an end.
Under the new regulations brought in to increase transparency at Fifa, each governing body is allowed to put forward a number of candidates, with the eventual appointment being elected by representatives of all 54 member nations rather than decided amongst the home nations themselves.
Should Ogilvie's candidature be successful, he would be the first Scot to win a place on the committee since former SFA president David Will, who served in the Fifa role for 17 years.
Will's place within Fifa was due to be taken by his successor at the SFA, John McBeth, but he was forced to step down a week before taking up that role after describing Fifa president Sepp Blatter as a "tricky customer" and making disparaging comments about corruption in African and Caribbean football.
"Come the end of 2015 there will be a vacancy and each of the home associations - Wales, Northern Ireland, England and Scotland - will have the right to put somebody in there," Ogilvie said.
"It is a whole new process. The four home associations used to agree amongst themselves, but for transparency now, we have all agreed, as part of this new Fifa reform, that we will still retain a British seat, but instead of it being agreed amongst the four home nations, it will be voted on by the whole of Uefa.
"It is something we have talked about, but I have not given it serious thought at the moment. I am too busy with this post. I wouldn't rule it out, but there may be other people in here who have an interest as well."
There is also fresh doubt about Ogilvie's own succession at the head of the SFA in the wake of a renegotiated settlement in the last few days which, if passed at the SFA's annual general meeting on June 18, would allow anyone with one year's service at any recognised football body, rather than simply four years at the SFA, to apply for election.
"Instead of being involved with the SFA, there is a proposal going to the general meeting that you have to be involved with a football body for a year," said Ogilvie. "So it certainly could open the door for some others. When we got on this so-called ladder it was open to everybody and anybody in any case, even though I was elected unopposed. So I don't see it as being a major issue - comments about civil war were far off the mark. It is imperative Scottish football is seen to be moving forward under the one umbrella. We are all sitting around the one table and we are meeting regularly."
Ogilvie was speaking at the formal launch of Scotland's bid to host matches at the 2020 European Championships, seen in Ireland at least as a straight shoot-out between Hampden Park and Dublin's Aviva Stadium. Yesterday it emerged that either Wembley or Bayern Munich's Allianz Arena will host the final and both semi-finals of that tournament.
While the Irish arena is newer and boasts more corporate boxes, Hampden has a wider footprint around the stadium, which affords it the versatility to add functionality while the Commonwealth Games should showpiece Glasgow's ability to stage world-class sporting events.
Should the Scottish bid be successful, the proceeds could fund a larger overhaul of the national stadium, but Ogilvie last night defended the ground. He said. "There was great investment in the north stand and we are constantly upgrading. It's our national stadium and the support relate to it."