The biennial teams event, to be held at Royal Melbourne Golf Club next year, could also see Woods become the first playing captain in the Cup's history.

Coming off a tie for second at last week's PGA Tour event in Tampa, Florida, 14-time major winner Woods will have every intention of being on a 12-man American side gunning for its 11th Presidents Cup title.

Woods and South Africa's Els are due to be announced as captains on Tuesday at the Arnold Palmer Invitational at Florida's Bay Hill.

Career rivals Woods and Els famously duelled at the 2003 Cup in South Africa, when they were chosen for a play-off and were tied after three holes before the event was deemed a draw.

Woods and Els line up putts during the first round of fourballs at the 2003 Presidents Cup. PHOTO: Stuart Franklin/Getty Images.

The announcement is a much-needed shot in the arm for the struggling tournament, which has been heavily lopsided since its inception in 1994.

The Internationals team have tasted Presidents Cup victory just once – at Royal Melbourne in 1998 – and last year's 19-11 thumping in New York was their seventh straight defeat.

It has also been heavily overshadowed by the Ryder Cup, which sees Europe pitted against America.

It prompted four-time major winner Els, an assistant captain to Nick Price in New York, to call for sweeping changes ahead of the showpiece in Melbourne.

Els demanded an overhaul of "logistics, scheduling, selection process (and) course set-up" when he took aim at the PGA Tour, who runs the event.

"The Presidents Cup is owned by the PGA Tour, but we have to be more in control," Els said.

"There's got to be a two-way street; we just want to be treated fairly.

"Maybe we should have our own selection process; picking six guys and six guys qualifiers ... instead of being dictated by the Tour."

- Evin Priest, Australian Associated Press