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The property was adapted for film in 1997 and starred Michael Jai White as Al Simmons, a murdered assassin who returns from Hell to exact revenge on his killer.
Speaking to IESB.net, McFarlane revealed that he has had "five offers" to bring the character back to cinemas.
"Everything from the big studios and the big-budgeted production with a lot of special effects, to a smaller budget," he said, adding that he is more interested in making a low-key "dark" and "grungy" film.
Discussing his hopes for a new Spawn, McFarlane said: "It's not a comic book movie, it's just a scary movie, a creepy movie. Everything's real except for one element, which happens to be the character we know as Spawn.
"It's not going to be supervillain versus superhero. Think of The Departed with something moving in the shadows."
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