HAWTHORN will announce the future of its planned new training and administration facility at Dingley at next week's annual meeting. 

The Hawks have already provisionally purchased the 28-hectare property in Melbourne's southeast and received planning approvals from the Kingston Council in May. 

However they have spent the year conducting an environmental study and establishing a funding model for what is tipped to be a $30 million facility. 

Writing in the club's 2016 yearbook, Hawks president Richard Garvey said the new facility would be Hawthorn's home for many decades to come and would deliver cutting-edge training, sports science and football facilities. 

"I can assure everyone that we will not place the club's financial independence at risk as we work to deliver the Dingley project," he wrote. 

"We are always mindful of the position our club faced in 1996 and we are determined never to face this situation again." 

The Hawks have already undertaken significant fund-raising to help pay for the project through a foundation. 

The site will feature both MCG and Etihad Stadium-sized playing fields, an administration building, social and community facilities and a new club museum.  

It remains to be seen whether Hawthorn seeks a contribution from the AFL. The Hawks are one of the few clubs that have not previously sought financial assistance from the League to help with capital works. 

"The club is realistic about the financial challenges it will need to overcome before its vision of a world-class facility becomes a reality," Garvey said.

The Hawks recorded a net operating profit of $2.57 million this year and will hold their annual general meeting next Thursday.