Everton Football Club has identified a potential site for a new 50,000-seater stadium.
The club, which is likely to be competing in European as well as domestic competitions next season, described itself as optimistic about making the move from Goodison Park happen.
Chief executive Robert Elstone said: “The stadium remains a big priority.
“We’re not ruling out any of the sites that we’ve identified and that the council has presented to us, but there is one site which is getting more attention and has been getting more attention for a number of months.
“It has been worked on very carefully, diligently and in some detail by not only Everton, but by the council and by advisors, planners, architects, designers, cost consultants, regeneration experts and solicitors. So there’s a lot of work going into something that we’re very excited about.
“We need a council being supportive financially and supportive entrepreneurially as well. At the moment there are signs that they are being that, and that’s to be welcomed and we’re delighted with that.
“We hope it comes to fruition and, if it does, I think it’s something that the city and our fans will be very proud of.”
City rivals Liverpool FC last week gave further insight into its plans to expand its famous Anfield stadium.