Super Rugby champions the Chiefs and Heineken Cup champions Toulon will play each other in World Club Championship match at the start of February 2014.
The match is being driven by Heineken Cup champion's Toulon's president Mourad Boudjellal who is calling the match as the 'World Cup of Clubs'.
Officials from SANZAR and European Rugby Cup (ERC) Ltd who manage Super Rugby and the Heineken Cup respectively have yet to confirm the match but French newspaper Midi Olympique claims the two clubs have agreed on February 2nd for the showdown.
The venue for the match will be either in Nice's Allianz Arena or in Monaco's Stade Louis II stadium.
Toulon have no Top 14 matches planned for that weekend and the Chiefs will be in their pre-season warm ups.
Boudjellal revealed plans for the match last month but ERC said that they would not sanction the match and added that Toulon would not be able to play as Heineken Cup champions without their permission.
"Under the terms of the European Rugby Cup participation agreement that they signed before the competition, the clubs do not have the right to play such a game as European champions especially against the winners of the Super 15 , it is stated in the agreement," said ERC president Jean-Pierre Lux last month.
"I totally understand that he wanted to do something, but Mr Boudjellal does not have the latitude to organise such a game."
"It's a good idea. We have long been in discussion with SANZAR to set up a match like this but it faces the problem of the calendar."
The February date of the match means that any French internationals will not be able to play as France play England on February the 1st.