Former Liberal Party president John Elliott has confirmed to the ABC he is thinking about whether to stand in the Victorian state election in November.

It comes after Ted Baillieu announced he would not recontest the blue ribbon seat of Hawthorn.

Mr Elliott, who is 72, was the president of the Liberal party for three years from 1987 and spent two decades as president of Carlton Football Club.

He will make a decision on whether or not to run next week.

It is understood the Liberal Party would not need to hold pre-selections for the seat because the election is so close.

Other possible candidates include John Pesutto, the legal counsel to the premier and a former industrial relations adviser to Mr Baillieu.

John Roskam from the Institute of Public Affairs is also believed to be interested.

Health Minister Mary Wooldridge, who secured a safe Upper House seat after losing a bruising preselection battle in Kew, has refused to comment on speculation she may also be interested in Hawthorn.

The Liberal Party’s administrative committee will discuss the preselection process at a meeting on Monday.

Mr Baillieu, the former Liberal premier, represented Hawthorn, in Melbourne’s inner-east, since 1999.

He has been on the backbench since resigning as premier last year.