Proposals to develop facilities at the Reebok Stadium, Bolton Arena and the surrounding areas at the Middlebrook Retail Park have been announced by Burnden Leisure in conjunction with the Bolton Arena Trust.
These proposals are now subject to a public consultation process.
The development would include the construction of new sporting and educational facilities.
Ideas also under consideration include expansion of the West Stand at the Reebok Stadium to allow for further commercial opportunities.
“In 1996, the club's then board had the vision to build the Reebok Stadium,” said Chairman Phil Gartside.
“Now we are seeking to add to that vision with the planned creation of a major regional sports and education centre and offices at Middlebrook.
“This would maximise the potential of the existing facilities and develop further complementary elements.
“Our scheme includes working closely with the Bolton Arena Trust to reconfigure the Arena. This would lead to a new sports building and also an upgrade of the football pitches and other sporting facilities, which would bring further benefits and usage for the community.
“There are also plans to build a new education and welfare building at the Arena, along with the expansion of the West Stand at the Reebok Stadium.
“This would see the provision of up to 29,000 square metres of commercial and office accommodation adjacent to the stadium.
“In addition, we will continue upgrading our facilities at the academy, including permanent changing rooms at Lostock.
"These are all very exciting proposals and we will be working with local residents and all parties involved in these plans, as, together, we seek to make them a reality."