Parts of the Nunnery were excavated in 2011, revealing it to be a former Roman fort.
The fort, known as the Nunnery, has been in use for about 1, 700 years and has evidence of Roman, Napoleonic, Victorian and German occupation.
Mr Davenport said the origins of the name "the Nunnery" were hazy, as only one historic map had stated that the site used to be a convent.
Supporters groups remain unconvinced as to the viability of any move to Nunnery Way, with the board admitting there is likely to be a substantial funding shortfall.
The Iona Abbey, nunnery and collection of carved stones and grave markers are in the care of Historic Scotland.
The decision on the 3, 000-seat Nunnery Way site, near junction 7 of the M5, was made at a meeting last year.
The decision on the 3, 000-seat Nunnery Way site, near junction 7 of the M5, was made at a meeting on Thursday.
The consultative conference was called by the board of directors at New Road and the full extent of the problems was spelt out to fans, but the board reiterated their determination to pursue the building of a new ground at Nunnery Way.
Even though the Treasury Secretary had requested Goldman chairman Blankfein to perform a public service by absorbing the broken bank, the antagonized Goldman chairman told the Wachovia executive to get thee to a nunnery.
This former nunnery has rooms with stone fireplaces and views over the cloisters.
Outside the order, this find provokes a cry of, Get me to that nunnery!
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