Bournemouth have said they will not be moving into a new stadium by summer 2020, saying they were “overly optimistic” in their plans to do so.
In December 2016, the club announced plans to build a new ground near their current home within King’s Park.
Their current ground, the 11,450-capacity Vitality Stadium, is leased from property company Structadene.
“Any future developments will be undertaken around a healthy financial strategy,” the club said.
“With regard to the developments, when we have a reliable timeframe we will make those facts known.”
More to follow.
Source BBC News