Gainsborough Trinity chairman Peter Swann says he has agreed a deal in principle to buy land in the town for the club's proposed new stadium.
The site of the former Castle Hills School has been earmarked for the Blue Square Bet North club's new ground.
Swann told BBC Lincolnshire: "As a former sports field this was ideal and we have an agreement in principle.
"There's a lot of groundwork to be done but it's a good project for the club and a good project for the town."
Swann added: "We've been looking at various pieces of land around the ground and a couple of deals fell through.
"All the plans have to be put in but I'm hopeful that we've got the right place to go now."
Gainsborough have been at their current Northolme ground for more than a century, but Swann stressed that the ground move was necessary for the club to grow.
"The club as a whole can't raise much money from matchdays," he said.
"It's disappointing that we'll have to move away from a ground where we've been for years but if we're going to progress and secure our future this is what we need to do."