"No expense will be spared to ensure this is the best academy in the world," Lamb said. "It is our intention to trawl the world for the best possible person to run it.
"The whole of the English game, including all the counties, has bought into this. The idea is to create a dedicated centre of excellence based on the Australian concept but different in some aspects."
Refurbishing Bisham, which has hosted a succession of England football squads over many years, could cost in the region of £2 million, with running costs likely to be £600,000-a-year.