Hull City Football Club has confirmed it wants to purchase the KC Stadium from Hull City Council.
The stadium was opened in 2002, costing £46m and was funded by the sale of Kingston Communications.
The club’s new owners, who recently completed a £40m takeover of the Championship side, are now keen to purchase the 25,000-seater KC Stadium.
"We have not yet had chance to get stuck into the 'nitty gritty' details, but that is our aspiration," said owner Ehab Allam.
"We do not know if the council are prepared to sell."
If successful in the bid to buy the stadium the club hopes to raise the capacity to 38,000.
Hull City Council leader Carl Minns says they would agree to discuss the matter further with the Eqyptian businessmen.
Minns told the BBC: "The Allams are very serious players in the area. Of course we will listen to what they have to say."
Posted on 11/01/2011