Plans for the Bristol Arena are expected to be approved at a city budget meeting tonight.
The £90 million venue next to Temple Meads would have a capacity of 12,000.
Work could start in January 2016 if the scheme gets the go-ahead.
The City Council has raised £53 million for the project and is planning to borrow the rest. The meeting will also debate cuts and a 2 percent rise in council tax.
More top news
Bristol were 6 points ahead on aggregate until a last minute converted try sent Worcester back to the top flight at the first attempt.
Britain's oldest groundsman is offering his life savings to save a local football club which will fold on Sunday unless a solution is found
Immigration, extremism, Europe and tax cuts: The key promises unveiled in the first Tory-only Queen's Speech in almost two decades.