Masters said he did not envisage Premier League games being played in foreign countries, despite other leagues exploring the prospect.
In May, world governing body Fifa said it was setting up a working group to assess the potential impact of competitive domestic matches being played overseas.
Spain’s La Liga is hopeful of staging games in the United States in the 2025-26 season.
Masters said: “It’s not really clear what’s happening at Fifa. We know there’s been a court case in the US but what that means in terms of regulatory change at Fifa happening, whether it’s going to be permissible or not to play matches abroad, I don’t know.
“What I do know is that there are no plans to play matches abroad.”
With the new season approaching, concerns over player fatigue are once again in the spotlight. Masters said he wants domestic football’s interests to be considered in any changes to the international match calendar.
In July, top European Leagues – including the Premier League – and global players’ union Fifpro announced they were launching legal action against Fifa over its “abuse of dominance” in the game.
However, Fifa accused some leagues of “commercial self-interest” and “hypocrisy”, arguing most players globally are not playing more football.
Masters said the Premier League has reached a point where they feel “enough is enough”.
“With Fifa, there is no consultation about big issues with the global calendar with the leagues and I know a number of the players’ unions feel the same,” he added.
“We want consultation on the future of the international match calendar, we want domestic football’s interests to be represented as part of that system, and we want the right decisions to be made for the future of the whole game”.
Fifa reject claims there was no consultation in regards to the matchday calendar and addressed this in a letter sent to the Premier League on 10 May.