Livingston could be in a new stadium for the start of season 2012/2013.
A deal to sell their current home, Almondvale, and move to a new stadium around one mile away could be imminent, BBC Scotland has learned.
The new stadium would have a capacity of more than 6000 and would be fully Scottish Premier League compliant.
State of the art training facilities, including a full-size indoor pitch, will be included in the development along with a youth football academy.
The deal hinges on West Lothian Council, the owner of Almondvale Stadium and the land surrounding it, concluding a deal with a supermarket for the sale of the current stadium and land.
It is understood that the negotiations for the deal are at a very advanced stage with the prospective retailers.
Livingston began life as the Ferranti Thistle works team in 1943 and renamed Meadowbank Thistle when admitted to the Scottish Football League in 1974.
They initially played their matches at Meadowbank Stadium in Edinburgh but were renamed when they relocated to their present 10,000-seat stadium in Livingston in 1995.
The club rose to Scotland's top flight in 2001 but were relegated in 2004 amid financial problems that led to liquidation proceedings beginning and their relegation to Division Three five years later.
Livingston presently lead Division Two by 18 points and are poised to win the title and a return to the First Division.
They will secure the one automatic promotion slot if they win on Saturday away to Stenhousemuir while Brechin City fail to beat East Fife, or if they draw and Brechin lose.
Almondvale's current official name is the Braidwood Motor Company Stadium because of a three-year naming rights sponsorship deal.