Leicester Riders are to move into a new stadium before the start of next season.
The 2000-seat arena will mark the start of a partnership with several of the city's other clubs, including Leicestershire County Cricket Club, as well as Leicester College.
The Riders, the oldest basketball team in the country, had played their home games in De Montford, before their lease expired at the end of this campaign.
The club won the league playoff title last season for only the second time in their history.
Posted on 08/07/2013