Speaking in the Swiss city of Zurich on Friday, the FIFA president said that a sporting tournament in Russia "will be able to stabilise all the situation in this region of Europe that is suffering now," according to the British daily.
"I am sure that football is stronger than any other movement," Blatter said. He also urged the European parliament to end "political interference" in sporting matters.
Members of the European parliament have been making turns this month advising EU nations to sever their contacts with the Kremlin.
On Friday, Serbian President Tomislav Nikolic asked Eduard Kukan, the head of the European parliament's delegation to Belgrade, to refrain from giving people "unasked-for advice" after Kukan suggested that the president should not go to Moscow on May 9 to take part in the WWII Victory Parade.