In addition to the stadium, which will seat 30,000 for football and 35,000 for concerts, and the Asda Wal-Mart Supercentre, the development will include a 160,000-sf DIY store, A Media Village, including a hotel, offices and restaurant and two drive thru restaurants.

The application is called a 'hybrid' which is a cross between an outline and full planning application. It has been submitted by a consortium called 'Inter MK' made up of the music entrepreneur Peter Wenkelman; Asda Wal-Mart; English Partnerships; Milton Keynes Council; the MK Parks Trust and Wimbledon FC.

Specialist planning consultancy Hepher Dixon acted as planning advisor to the applicants, MK Stadium Consortium. Director Roger Hepher said: "Milton Keynes is renowned for seizing opportunities, and that is what is happening here: the Council recognises that it not only has a one-off opportunity to secure a major piece of city infrastructure, funded entirely by the private sector, but also a First Division Football Club too."