Wakefield Trinity Wildcats rugby club have unveiled plans for a new stadium, which will form part of a large complex including a 150-bed hotel, offices, conference centre and sports facilities.
The club launched proposals for a new 12,000-seater stadium on derelict land in Newmarket, three miles from the city centre.
It is expected that the new arena will cost £19 million and officials said that if the 100-acre development including hotel and conference venues is successful, this will fully fund the stadium.
The club also expects to finance the project with surplus money from the sale of its Belle Vue ground.
Sir Rodney Walker, chairman of the Wakefield and District Community Trust set up to deliver the project, said: "The new stadium will offer state-of-the-art facilities for our supporters and I hope will become a lasting legacy for this great club."
Last month, Bristol City Football Club put forward plans for a new 30,000-seater stadium and conference venue.