The hallowed rugby ground of Brisbane's Ballymore could soon be defiled by the beautiful game – a consortium of local business folk is expected to unveil plans on Friday for a second A-League soccer club for the northern capital.

Plans to establish the club are at an advanced stage, with proponents claiming it would inject new life into Ballymore – a paddock that has been overshadowed by its cross-town rival Suncorp Stadium – and establish a much sought-after derby for the national soccer league in Brissie.

Sources report some big names from the Brisbane business community are involved in the consortium, details of which are expected to be revealed at a news conference on Friday. The new club would be spun out of an existing Brisbane soccer club – which would own a small percentage of the new entity. Some of the backers of the new club are believed to have been owners of A-League clubs in the past.

Soccer at Ballymore? The sacred home of rugby in Brisbane is set to be defiled by the beautiful game. Over Quade Cooper's dead body! Chris Hyde

The team behind the new bid is believed to have been in discussion with Queensland Rugby Union for more than six months about making Ballymore – in the city's inner-north – the team's home ground.

"The QRU are really excited about it," said our source. "The Reds train there but play at Suncorp. It would be a complete rejuvenation of the place."