Scunthorpe United chairman Steve Wharton confirmed to shareholders at Monday's Annual General Meeting that a ground move is still a possibility.
He said: "When it was last mentioned I thought the possibility of a new stadium was deemed at 5% success.
"But even at 5% success it was worth pursuing. I now believe that the possibility is growing."
He also confirmed that if the new stadium did not go ahead then the Iron would redevelop Glanford Park.
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