Officials from VFL club Frankston hope to meet with Brendan Fevola's management this week to discuss a potential comeback for the troubled AFL star.

Dolphins operations manager Bryan Mace said the club is keen to recruit the two-time Coleman Medallist, but they are unsure if it can afford him.

Mace added the former Carlton and Brisbane player would have a leadership role in the Frankston team and the responsibility would be good for Fevola.

"I was a copper for 35 years, I mixed with the worst in the world - this guy's not a criminal," Mace told AAP.

"He has a bit of a problem with drink and misbehaviour when he has a bit of beer in his belly, but other than that, if the poor devil's name was Smith and he was the 26th on the list, he wouldn't be getting a mention.

"I've never had any trouble with my players - I've followed his career a bit, he's got off track, he probably regrets it.

"I think it would be good if he was put in charge of a group of young blokes, he'd be one of our team leaders here with another three or four players."

Mace also said Frankston was a team on the rise in the VFL that would benefit from having Fevola in their lineup.

"We have a group of very, very young players - three years ago, our grandstand burnt down, we're just recovering from that financially, it's all finished," he said.

"We're set to climb up the ladder again, so he'd be the ideal man to put with a bunch of young blokes, it would be good for him and good for our club."

Brisbane sacked Fevola last week and they have reportedly come to a financial settlement worth more than $1 million.

Normally, a VFL club would have little chance of affording Fevola's asking price.

But he might agree to play in the VFL on a much cheaper contract as the first step in a last-ditch attempt to resurrect his AFL career.

Frankston and Port Melbourne are seen as the two VFL clubs most likely to recruit Fevola, because they have no affiliations with AFL teams.

Port Melbourne coach Gary Ayres was cautious about the prospect of Fevola making a comeback at his team, while acknowledging Fevola's obvious benefits.

"All I can tell you is obviously we'd be doing our due diligence and actually getting hold of his management, talking to them and getting a feel for where Brendan is at, trying to cover off on all bases," Ayres said.

Fevola has been in a Brisbane rehabilitation clinic for nearly two months because of alcohol and depression issues.

VFL clubs can add players to their lists in the third week of March or on June 30, provided there are spaces available.

Peter Blucher is a director at sports management company Velocity, which has Fevola as a client.

He said there was no news on Fevola's football plans, but added his client's health was improving.

"He's coming along okay, he's had some trying times and he's had some ups and downs," Blucher said.

Blucher also said Fevola remained in the clinic and had not visited Melbourne on the weekend, as had been reported.

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