The tournament will take place over 39 days and will be made up of 48 national teams.
It is expected that Nottingham would host seven matches if it were to be selected.
Khan said: “We’re committed to working with partners across the city to ensure Nottingham is ready to take full advantage of this opportunity.
“Whilst we’re proud to be considered as a potential host city, we fully respect that if the UK is successful in its bid to host the tournament, it will be FIFA who decides which host cities are selected.
“For now, we’re focused on showing how ready and enthusiastic we are to play our part in what could be a truly historic event.”
Colin Parr, the council’s corporate director for communities, environment and resident services, said hosting the tournament was a “tantalising prospect for the city”.
“It will hopefully inspire a generation of women and girls to be the next generation of Lionesses,” he added.
The government is expected to contribute 55-60% of host city costs.
