Closing the EFL's summer transfer window early rests on a vote taking place by all 72 clubs on Thursday.
The proposal will be voted on by all the teams from the three divisions during the meeting at Villa Park.
This follows lengthy discussions in September about changing the dates.
The proposal is for the window to close at 5pm on August 9. The loan window would stay open until August 31.
For this to take place, a majority is needed of Championship clubs and all EFL clubs to vote for the change.
If adopted, the EFL window would close at the same time as the Premier League transfer window.
In September, Premier League clubs voted to close the window early. EFL clubs were concerned signing players after the start of season was disrupting their squads.
The Premier League window closes two days before the season starts. The EFL window would close after one round of fixtures.
The meeting will be attended by chief executives, chairmen and club officials. Club representatives regularly meet in September, February and January with a regional meeting in November.