WORCESTER City could be bankrupt in two years if plans for a new stadium continue to falter, says chairman Anthony Hampson.

With a little over 18 months left before the club have to vacate St George’s Lane, there is still no sign of St Modwen’s revamped designs for a proposed ground at Nunnery Way.

But City need a new base by December 2013, six months after they are due to leave their 100-year-old ground, or they will be hit for a capital gains tax bill of around £400,000.

That could take the club under as the £1.5million still to be received from Careys New Homes when they leave the Lane goes straight to St Modwen to fund a stadium.

City won’t see any of that cash unless they can break the contract with the Birmingham property developer or it expires in 2017 without a ground having gained planning permission.

The situation is getting increasingly desperate for the Blue Square Bet North club and Hampson said: “It will scupper the football club if we don’t find something to roll the proceeds of the Lane sale in to, we want to know what is going on.”

Vastly scaled-down plans for a ground, which would only be suitable for City’s current level, are still waiting to go before Worcester City Council planners.

However, Hampson revealed to a packed fans’ forum that Guildhall officials have concerns over the quality of the stadium designs, which could include prefabricated structures to slash costs.

The viability of the scheme continues to be called into question, while the Highways Agency have again flagged up issues regarding pedestrian access over the dual carriageway.

St Modwen want to develop the 20-acre site, between junctions six and seven of the M5, for a hotel, offices and car showrooms but cannot proceed without a stadium being built.

The firm were contacted and asked what would they do if Worcester City went bust but said they were not in a position to answer a hypothetical question.

City have not ruled out the possibility of asking Careys if they can stay at the Lane beyond June 2013, until the Wembley company are ready to build, but that option has not yet been explored.

Meanwhile, City striker Marc McGregor has gone on loan to Bishops Cleeve and played in their 0-0 Evo-Stik Southern League Division One South and West draw against Bridgwater Town on Saturday.