Bristol Rovers Football Club has stated its intentions to relocate and build a new 20,000 seater stadium on land from the University of the West of England which it hopes will be ready for the 2013/14 season.
The stadium for the npower League One relegated side will feature an extensive club shop, banqueting and hospitality suite, convenience store, crèche, gym, jogging track as well as 19,000sq ft of potential teaching space for the university.
Rovers plan to sell the land at its current Memorial Stadium to Sainsbury’s to help raise capital for the project, which will be privately funded.
Chairman Nick Higgs said: "I am delighted to be able to announce our plans for a purpose built stadium on land adjacent to UWE's Frenchay Campus.
"Negotiations on this project have been going on for nearly two years, in tandem with our plans to develop the existing Memorial Stadium site.
"We have looked at several sites in Bristol and South Gloucestershire, but we felt this land ticked all the boxes to allow us to build the best possible stadium for Bristol Rovers. With the support of the two local councils we feel we can bring this exciting project to fruition very quickly.
"This is what we as a club have been striving towards for many years - to have the finances in place to construct a purpose built stadium to help get the club moving back in the right direction."
The club has also approached Bristol Rugby Club to offer the chance to move with Rovers to the ground which Rovers said will conform to all FIFA and Rugby Union standards.