As well as a stunning new stand with an illuminated diagrid roof, the club’s owners also plan to build a 220-room hotel and a multi-purpose 6,000 standing capacity indoor arena linked to the stadium by an elevated walkway.

There are also proposals for a new Leicester City retail space, residential and commercial space, as well as a multi-storey car park.

The East Stand will be built on land that is currently the club car park as well as the National Grid building.

The stand has been designed to allow construction to take place while the existing stadium remains operational.

Plans will be submitted this autumn in the hope of gaining planning next spring.

Subject to planning it is hoped construction work could start before the end of the 2022-23 season. The earliest anticipated date for completion is the third quarter of 2024.

In a statement with the launch of public consultation on the proposals, the club said “developments will further underline Leicestershire’s reputation as a home of world-class sport and create a 365-day destination that will support the regeneration of an area that has been the home of the Football Club for 130 years.”