Cheltenham have abandoned a proposed relocation to a new stadium.
The Robins, who currently play at Whaddon Road, had hoped they would be able to build a new home at Cheltenham racecourse but have decided that the move would be too expensive.
Chairman Paul Baker told Cheltenham's official website: "The football club was genuinely excited about the possibility of relocating to a prestigious new stadium at the racecourse but always maintained that the move would have to be financially viable and sustainable."
He added: "It is disappointing that the costs of the move are prohibitive, it has nevertheless been a very valuable and informative exercise and it was absolutely right that the project was thoroughly evaluated.
"We would like to express our sincere thanks to all those that have been involved, a great deal of time and effort has been expended.
"We will continue to explore ways of further developing and improving our facilities at Whaddon Road for the benefit of the town and future generations."
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