Bristol Rovers Football Club has unveiled plans to move to a new 20,000 seat, £40 million stadium.
The club has been in negotiations over the move for two years and is proposing to move to a new stadium alongside the University of the West of England.
The club has struggled to redevelop its existing Memorial Stadium despite receiving planning permission in 2007, and is considering selling the existing site to supermarket chain Sainsbury’s.
Bristol Rovers chairman Nick Higgs said: “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.”
A Sainsbury’s spokesperson said: “We are pleased to confirm that we have an agreement with Bristol Rovers Football Club regarding an opportunity for a new store and other development at the Memorial Stadium, subject to the club securing a relocation site.”
The club confirmed the planned stadium would include 20,000 seats, shopping facilities and teaching space for the university.
Bristol Rovers was relegated to League Two at the end of the 2010/11 season.