Bristol Rovers have abandoned plans to build a stadium on land at the University of West of England (UWE).
The English Football League 1 club had been hoping to build the stadium at Stoke Gifford on the edge of the city.
But the club said it was disappointed that its discussions with UWE regarding a potential stadium development for the club have been brought to a close, as the parties were unable to agree acceptable terms. It said:
We will now immediately turn our attention to exploring all other opportunities for a new stadium or for a substantive redevelopment of the Memorial Stadium, whilst at the same time continuing to develop the new Colony training ground.
We would like to thank the Club’s supporters for your continuing patience as we continue to work on this very important project.
Following consecutive promotions from the Conference Premiership and League 2, the club was taken over by the Al Qadi family in February 2016, and has since enjoyed an impressive third promotion into League 1.
A spokeswoman for UWE said the university remained committed to delivering a new stadium. She said:
We still believe it would bring great benefits to the university, local community and the regional economy. Although we have been disappointed by the slow pace of negotiations, we are still willing and open to continue negotiations.
This has been an initiative the university has been working on for over eight years and we still believe is deliverable. Planning consent does not expire until January 2018 and the door remains open for a deal to be struck, and the university will continue to work on this project.