Walton Hall Park is viewed by Everton as the ideal location for their new stadium.
Unlike neighbours Liverpool, who plan to redevelop Anfield, Everton want to move to a new site down the road from Goodison.
Chairman Bill Kenwright told the Liverpool Echo: "On my journey to our home games, as I pass Walton Hall Park, I inevitably think that I am only a minute away from our beloved Goodison.
"For several years now I've also thought, if only it was available for our new stadium, it ticks all the boxes.
"It would fill me with great pride, it could be something very special for our city, the residents of North Liverpool and all Evertonians - a new home that goes beyond football and does what Everton does better than anyone else.
"Of course there's enormous work to do - that again involves fixing a huge financial jigsaw - but we are certain it's an opportunity we should pursue with great commitment, endeavour and ambition."
