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Scunthorpe chairman Peter Swann has been keeping fans updated on developments via the local newspapers and radio stations and is believed to have invested an additional £4.9 million into the project simply to keep it alive.
Swann has pumped plenty of money into the League One club since becoming chairman back in 2013.
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Glanford Park became a fortress for the club last year, with five consecutive victories at the end of the regular campaign, while Alexander's men lost just three times at home during the course of the season.
Despite that success and the addition of quality players such as Rory Mc Ardle and Matt Gilks, Scunthorpe are not deemed one of the favourites for promotion this time around and can be backed at around 16/1 to finish top of League One.
The plans have altered somewhat in the last 12 months with a cinema, hotel and outdoor bowling green all added to the original blueprint to incorporate the stadium as part of a newly built leisure complex.
He said he was 'thoroughly disappointed' with the setbacks but promised fans that construction would begin imminently once the terms and conditions have been signed.
The club are yet to find an official sponsor for the new stadium but have confirmed it will be named the Iron Arena.
Tickets on sale for the following: ✅ Southend - uk/news/2017/nove… These lines are selling fast, so don't miss out! #UTI pic.twitter.com/Y7Ez Tu I26n 🎟🎄 AN IDEAL CHRISTMAS PRESENT: 12th Man half-season packages on sale now - uk/news/2017/nove… #UTI pic.twitter.com/JIbz Vdl RAq Almost 50 local junior teams registered for the Grassroots Day in January. #UTI pic.twitter.com/n I5htx TQv6 📖 PROGRAMME: Don't miss this weekend's edition of @THEIRONProg, on sale around the stadium this Saturday - uk/news/2017/dece…
Commencing on Dec 23rd, the half-season ticket offers you the best value for money supporting us for the final 12 league games of the campaign if you aren’t an existing 12th Man. ➡️ 12th Man holders bring your "Southend United" voucher pic.twitter.com/Ea Wl YUf LAs ⚽ REMINDER: Voting continues for Sky Bet EFL goal of 2017, with Josh Morris' second goal against Charlton in November amongst the 10-goal shortlist - uk/news/2017/dece…
If you're thinking of backing the Iron, Oddschecker have details on how to get a £30 free bet when signing up for a William Hill account to use on ante-post bets ahead of the forthcoming campaign.