The revenue committed will amount to around half of the total required, with funding to be sought for the remainder over the next few months.

The current plan is for the facility to have an astro-grass pitch. As well as being used as Clydebank’s home ground and training facility, it will be made available for use by the local community and act as a sports hub for the area.

Club chairman Gordon Robertson was delighted with the news He said: “This is a really exciting announcement for Clydebank FC.

“It represents a huge step towards our dream of having a place to call our own.

“These are still early days but everything seems to be moving in the right direction.

“West Dunbartonshire Council have been very supportive of the club. We believe that together we can create something special in the town.” Clydebank currently ground share with local rivals Yoker Athletic, playing their home ties at Holm Park. The club entered into an agreement at the start of the 2008/2009 season after five years at Drumchapel Amateurs’ Glenhead Park.

The club currently have a consultant working on a business plan which will identify the best avenues for the project to achieve the second half of funding.

It is expected that a business plan will be completed in the coming months and a schedule will be put in place for the summer.

Club treasurer Bill Abraham believes the news is encouraging for the town and the club alike.

He said: “We are delighted, we have been working with the council for months if not a year on this. We’ve had great support from West Dunbartonshire Council during that time “It will give the club a base in the community, all we have had is short term leases. This will give us stability, the plan is for a modern facility which the community will be able to use.

“For a town the size of Clydebank the amount of all weather pitches is very small, so this would be a massive benefit for a lot of local clubs as well as Clydebank FC.” The move may well secure the club financially in the long term, saving them money on rent, bringing in money through the multi use of the pitch, whilst also making them a more attractive proposition for sponsors.

Abraham believes the plans will mean a brighter future for the Bankies.

He said: “Funding is hard, given the general economic climate, this would help massively.

“I would certainly expect that it would put us on a sounder financial footing.

“Potentially it could give us a better chance of becoming a licensed club and gaining entry into the Scottish League in the long term.”