EA will launch FIFA 11 Ultimate Team as free DLC for PS3 and Xbox 360 this November.
Described as "one of the most played, dynamic and connected modes within the FIFA franchise", Ultimate Team was previously released for FIFA 09 and FIFA 10.
"FIFA 11 Ultimate Team challenges gamers to build a squad of the world's best football stars by earning, buying, selling and even trading players with other Ultimate Team gamers around the world," the firm said.
"They can strategically craft squads to get the best chemistry and team rating, and then take them onto the pitch to compete in online and single-player tournaments which are updated weekly."
FIFA 11 Ultimate Team includes a number of heavily requested new features, including the ability for players to pit their team directly against their friends' in online matches.
Gamers will also be able to engage in the full auction and trading system on the web through an enhanced Ultimate Team site tied directly to the console experience.
Earlier today EA said that FIFA 11 recorded the biggest opening week for a sports game in history.