Coleman told Radio Sheffield; "We're actively looking at having a new stadium. We are looking at a couple of pieces of land and also looking at how we can finance that and we're well into doing that."
Coleman added that he is hopeful of having a new home by 2010, but also admitted that the club have its work cut out to achieve that goal; "We've got to know that we can secure this site first of all and then we need to know that we can finance it. So that will take a few months, we can get planning permission in the meantime."
"What we can't do is have a situation like the last board at Rotherham... they started the stand and the finances weren't in place to finish it. We've got to know that if we start it we can take it all the way through. Without us owning the land the club just cannot go forward. It's impossible."