Thomond Park looks set to be redeveloped into a 26,000 capacity stadium after a feasibility study was conducted and approved, the Munster Branch, IRFU Development Committee confirmed today.

The Limerick stadium, which currently holds just 13,000 was one of three options under consideration in the area.

Full details of the new project will be announced at a press conference in Thomond Park, when outline drawings of the new stadium are available.

The Development Committee has thanked Limerick City Council and the residents of Knockalisheen Road, whose co-operation, made the redevelopment possible.

Just days ago residents agreed that they can only sell their homes to the IRFU as part of plans to redevelop the famous Limerick sporting venue.

The IRFU had been in ongoing talks with them to secure the purchase of their homes.

It’s understood that some 13 householders on Knocklisheen Road in Ballynanty have received offers of between €350,000 to €400,000 – more than twice the market value of their homes.

Some families on the road have been in their terraced homes adjoining Thomond Park for more than 40 years.

Consultants Engineers, ARUP, had presented three options for the new stadium; a redeveloped Thomond Park or a new greenfield site in one of two unspecified locations in Limerick believed to be the University of Limerick and the old racecourse at Greenpark.