The British Boxing Board of Control have requested purse bids for the contest, which will be a rematch of September's Commonwealth title clash in Glasgow, which 'Swifty' won on points.
The Simpson camp remonstrated afterwards, but judging the fight from ringside that night there was only one winner.
However, Simpson bounced back in style and against the odds to defeat British champion Martin Lindsay in Belfast in what was arguably his career performance.
Any hopes of the fight taking place on Merseyside look remote though as the plucky Scot visited Liverpool back in 2007 only to lose a unanimous points decision to Smith's former training partner Derry Mathews during the former WBU champion's world title reign.
The Board has requested purse bids by February 9th, with the match-up to happen before the end of April.
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| Stephen Smith defeats John Simpson in Glasgow in September Pic by Stephen Speed @ Mersey Gloves |
Meanwhile, in another request, this time up at light-heavyweight, the BBBC have ordered British champion Nathan Cleverly to defend against Tony Bellew next. However, the Welshman will almost certainly vacate - if he hasn't already - as he chases world title honours thereby allowing Bellew to fight for the vacant title.
Manchester's Darren Stubbs is the latest name being linked with a Bellew showdown, with both the Commonwealth and British titles on the line, at York Hall at the end of February.
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