The upgrade would see the ground fitted with new change rooms for two teams, umpires and disabled amenities, and a 70-seat function centre with a standing room capacity of 120.

The announcement came as welcome news for Campbell Town Football Club president Greg Laycock, who expected the development would be of great benefit not just to those in the town, but also those looking to hold statewide meetings.

“It can only do good for the town,” Mr Laycock said.

“It's got plenty of potential, we're on the Midlands Highway which is good for the North, the North-West and the South, and there'll be a function room there so you can have meetings there - people drive halfway and then meet.”

The upgrade should also help bring more top-level football to the town, with plans under way to host TSL fixtures at the ground. 

"They'd have games there now if the facilities were up to scratch - as it is now, the dressing rooms and change rooms aren't big enough.

“Last year we had about five or six statewide practice games, but this year we had one - Meander Valley Suns versus University from Hobart  - for the simple reason that because we had water restrictions we couldn't water the ground.”

Should the funding be obtained, Northern Midlands mayor David Downie said council would look to begin planning with architects as soon as possible.

“The council has been building a fund to develop that proposal for a number of years, we've now got a substantial amount of money there,” Cr Downie said. 

“We'll go through a planning and consultative phase to make sure the community are happy with the design, that'll be very important because we want to make sure people are happy with what the council is providing within the financial limitations we have.”

It is estimated the project would create 15 jobs in construction as well as six permanent jobs in maintaining the facilities.