"Details are expected in the next few days of the meeting of Penn State and the University of Central Florida."
Each team will have to rearrange their schedules to accommodate the possibility of a game in Ireland. Penn State currently has Temple scheduled to open the season in 2014. UCF has Florida International in the same slot. Penn State may also have to move the following week's game against Akron due to the extensive travel while potentially dropping UMass from the schedule.
Both teams should also hope their current head coaches stay in place to keep with the spirit of the game. Penn State's Bill O'Brien will likely be a target for the NFL once again next off season. O'Leary has already discussed his potential retirement.
Notre Dame and Navy opened last season in Dublin, Ireland as part of the Emerald Isle Classic. The luck of the Irish could be in Penn State's favor the next time college football crosses the pond.
Penn State is searching to establish destination games which would essentially substitute for the bowl games they'll miss due to NCAA sanctions. The likely candidate as a future opponent is Notre Dame, but scheduling the Fighting Irish at the moment is relatively difficult as the school attempts to adjust to its ACC agreement.
The next game in Ireland may actually pit Notre Dame against Boston College.
"Notre Dame sources say that there are moves underfoot to have the Fighting Irish back in Dublin sooner rather than later and that there is heavy financial muscle behind the move," IrishCentral.com wrote.
"A Notre Dame /Boston College game (in 2015) would likely be played in Croke Park which has an 80,000 plus capacity compared to the much smaller 50,000 seat venue for last year’s game at the Aviva Stadium."
Penn State may attempt to work its schedule to play Notre Dame overseas. But it's still very early in the process for all parties.