Organisers are looking at staging floating exhibitions in the Albert Dock's Salthouse and Wapping Docks and land-based exhibits and entertainment in the Central and Northern Docks area on land belonging to Mersey Docks owner Peel Holdings.
Mr Gower said the show's appeal was universal and by no means elitist: "The most expensive vessel here this week is worth £9m, but you can also pick up a canoe for a couple of hundred quid."
Among the organisations working with the federation are Albert Dock owner Arrowcroft, city regeneration body Liverpool Vision, British Waterways, land owner English Partnerships and the North West Development Agency.
Federation officials have visited the city to view possible locations and conducted market research into a show's viability. They appointed consultants in autumn 2006 to work on the proposals, leading to a flurry of activity since last September.
A Liverpool council source confirmed: "The feeling was that as we host the world famous Clipper Race, why not the Boat Show?"
A British Waterways spokesperson said: "British Waterways has been in preliminary discussions with the organisers regarding the possibility of a boat show in the future in Liverpool."
THIS year's London Boat Show, which runs until Sunday at east London's ExCel, has an Island Nation theme.
More than 1,000 boats are on display at the show, sponsored by Collins Stewart.
The most expensive and longest boat for sale at the event is the Sunseeker 37 and, at £8.76m, the tri-deck yacht is the largest Sunseeker ever produced.
The show has 73,000m of exhibition space and 400m of dockside. It takes 13 days to set up and six days to dismantle.
More than 140,000 visitors are expected to visit this year's show over its 10-day run.
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