"The repercussions for the area would be incredible. That's one of the reasons I came back to the club - to see if I could help them stay up."
The Centre of Excellence and youth team were ditched in May 2006 to reduce costs at the club but a programme across the 9-16 age range was announced in January this year.
There are also plans to introduce a scholarship system for 16-19 year olds.
Michael Johnson was speaking at the Nottingham leg of BBC Your Game. For more information on the project visit the Your Game website.