Bournemouth were 'overly optimistic' in plans to move into new stadium by summer 2020

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Bournemouth currently play at the Vitality Stadium, which they lease from a property company

Bournemouth have said they will not be moving into a new stadium by summer 2020, saying they were "overly optimistic" in their plans to do so.

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In December 2016, the club announced plans to build a new ground near their current home within King's Park.

Their current ground, the 11,450-capacity Vitality Stadium, is leased from property company Structadene.

"Any future developments will be undertaken around a healthy financial strategy," the club said.

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"With regard to the developments, when we have a reliable timeframe we will make those facts known."

More to follow.

Source: bbc.com