Cambridge City Football Club has extended their lease of Milton Road until May 2013.
The new deal will keep the Lilywhites at the stadium which has been their home since 1922.
Kevin Satchell, City chairman, said: "We’re delighted we’ve been able to agree an extension on the lease at Milton Road.
"The discussions with our landlords have been positive throughout and I was always confident we could come to an agreement. This extension strengthens our position for when we ultimately move."
Milton Road was one of the largest venues outside the Football League with a capacity in excess of 16,000.
However the current capacity is around 3,000 with approximately 700 seats, something the club is seeking to improve.
Satchell also expressed his gratitude to Newmarket Town, for agreeing to ground share after the Milton Road lease expires.
"Newmarket has recognised that City would find it hard to turn down any possibility of extending our stay at Milton Road," he added.
"They really could not have been more helpful to us and we remain grateful to them for their understanding in this matter."
City are still working on more permanent options following the ground share and are seekingto develop stronger commercial relationships.
Supporters’ director, Derek Bailham, said: "The lease extension removes the uncertainty around the Club's immediate future. It allows us to reinforce our foundations, both commercially and within the local community.
"We can continue to develop and improve our contacts with local community charities such as Cam-mind, and with local football fans. We will be able to do this more effectively with the question mark over our location removed."
Posted on 19/01/2011