The high-flying bosses are exploring a number of options to improve the safety of players and staff involved in the Restart project amid the coronavirus epidemic.
These measures include having more substitutes per game and playing matches on neutral sites.
The Premier League season aims to return in early mid-June for the first time since football was suspended in the UK in March.
However, Taylor says top bosses could implement a measure that would drastically change the matches.
“We don’t know the future but we know what proposals have been made, what ideas have been [forward] Taylor said to BBC Radio 4.
“The possibility of having more substitutes, the matches not being able to last 45 minutes each way with discussions on neutral stadiums.
“A lot is being advanced – try to wait and see what the proposals are.
“And then have the courtesy to let managers, coaches and players assimilate all of this and come up with a thoughtful view. “
Asked that more substitutes and more games would be less than 90 minutes, Taylor said, “All I’m saying is that there are a lot of possibilities.
“Ideally, you want to maintain the integrity of the competition. And of course, it was kind of playing at home.
“And it’s about having the same team of players as ideally as before his suspension.
“So there are a lot of things to do, but most importantly, can the seasons be over? Can they be completed, but most importantly, can they be completed safely. ”
The Premier League plans to return in the week starting June 8, with the first game hoping to take place on June 12.
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On this subject, Taylor added: “I would not expect matches to be played, if everything looks positive and promising, you would not think of matches that would be played until around mid-June, I would say. “
Health Secretary Matt Hancock also spoke on BBC Radio 4 this morning and supported plans to return to the Premier League – provided it is safe.
“Well, I’m absolutely open to it. And horse racing too, “said Hancock. “And, I know the Premier League and the races are working on how it could be safely done. But this security must be paramount. “
Premier League leaders were said to have been stunned by Taylor’s claims.
However, EFL chief Rick Parry told DCMS on Tuesday: “I don’t think we should rule out any creative ideas at the moment given all of the challenges we face – maybe we think that would alleviate fatigue. “