Derry City have unveiled plans for a new £15 million stadium at the Brandywell.
The proposed development, which they hope to complete by 2012, is for a 6,000 all-seater stadium as part of a completely redeveloped Brandywell complex.
Also included in the plans, which go before planning authorities on Monday, are proposals for an indoor football complex, two retail units, a medical centre and a pharmacy.
There are, though, no plans under the current proposals, to include a dog-racing track.
The company formed specifically to formulate the plans and help raise the necessary funding is Brandywell Properties Limited.
It was named as the preferred bidder last week by Derry city council who currently own the Brandywell.
BPL chairman Jack McAuley said they were hopeful of securing the Brandywell site for a nominal fee.
"The Valuation and Lands Agency will decide that matter and we have had good feedback from them already on our plans," he said.
Derry City chief executive Jim Roddy said the future of the football club depended on the success of the scheme.
"Make no mistake about it, this has to work," he said.
"We have UEFA Cup ties coming up and because of current European regulations we will be limited to 2,200 people.
"It has reached the stage where we have to seriously look at taking games like that outside of our city."
The BPL will apply to a number of agencies including the Sports Council for Northern Ireland and the FAI for grant funding, but will still leave the club needing to raise a significant proportion of the £15million price tag itself.
"No stadium is build these days without commercial development as part of the deal," explained Mr McAuley.
"We have been in consultation with a number of interested parties, people who use the Brandywell already and community groups to plan as best we can this significant development."
If the planning application goes through, and several final details on the plans have yet to be ironed out, work should start by the spring of next year.
The last improvement to the Brandywell was the construction of the new stand in 1991, under the new plans the existing stands would be demolished
Sounds great but i'l not get excited till the builders are on site working.:D :D