Pompey reveal new stadium plan

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The new ground would see the FA Cup winners move from Fratton Park, their home since 1898, to a site at the "gateway" of the Hampshire city.

The creation of a new stadium is deemed essential for the club, which needs a larger capacity than its current 20,200. The development would also include an indoor exhibition centre/arena with a 10,000 capacity.

The scheme is being designed by Swiss-based architects Herzog & de Meuron, who are responsible for the Beijing National Stadium, the centrepiece of this year's Olympics, and the Allianz Arena stadium in Munich.

The proposals also include a new diving training facility for the Royal Navy and a residential, retail and leisure complex.

Pompey and Sellar Property Group, which is handling the development, also announced proposals for the redevelopment of the 17-acre Fratton Park site for a mix of low-rise residential and retail uses.

Peter Storrie, the club's chief executive, said: "We only have one word to describe this stadium - perfection.

"The club will be playing a big part in the regeneration of the city and our fans will have the very best in terms of facilities and amenities as well as an excellent viewing experience."

The new stadium will be on a former landfill site next to the M275 and M27 motorway junction, overlooking Portsmouth Harbour.

The construction is expected to generate several thousand jobs, with hundreds more permanent jobs after it is completed. Subject to the necessary planning consents, work would get under way next year.