diff --git a/projects/plugins/jetpack/changelog/update-stats-red-11-deprecate-old-stats-banner b/projects/plugins/jetpack/changelog/update-stats-red-11-deprecate-old-stats-banner
new file mode 100644
index 0000000000000..77959db151ca9
--- /dev/null
+++ b/projects/plugins/jetpack/changelog/update-stats-red-11-deprecate-old-stats-banner
@@ -0,0 +1,4 @@
+Significance: patch
+Type: enhancement
+
+Stats: Deprecating old Stats experience
diff --git a/projects/plugins/jetpack/modules/stats.php b/projects/plugins/jetpack/modules/stats.php
index c5dbb4258d090..58afeec2a526f 100644
--- a/projects/plugins/jetpack/modules/stats.php
+++ b/projects/plugins/jetpack/modules/stats.php
@@ -423,7 +423,11 @@ function stats_reports_page( $main_chart_only = false ) {
 		exit; // @phan-suppress-current-line PhanPluginUnreachableCode -- Safer to include it even though stats_dashboard_widget_content() never returns.
 	}
 
-	$blog_id = Stats_Options::get_option( 'blog_id' );
+	$blog_id               = Stats_Options::get_option( 'blog_id' );
+	$learn_url             = Redirect::get_url( 'jetpack-stats-learn-more' );
+	$redirect_url          = admin_url( 'admin.php?page=stats&enable_new_stats=1' );
+	$stats_bg_url          = plugins_url( 'images/odyssey-upgrade/background.png', JETPACK__PLUGIN_FILE );
+	$stats_bg_gradient_url = plugins_url( 'images/odyssey-upgrade/gradient.png', JETPACK__PLUGIN_FILE );
 
 	if ( ! $main_chart_only && ! isset( $_GET['noheader'] ) && empty( $_GET['nojs'] ) && empty( $_COOKIE['stnojs'] ) ) { // phpcs:ignore WordPress.Security.NonceVerification.Recommended
 		$nojs_url = add_query_arg( 'nojs', '1' );
@@ -431,6 +435,95 @@ function stats_reports_page( $main_chart_only = false ) {
 		// Loading message. No JS fallback message.
 		?>
 
+	<style>
+		.stats-odyssey-notice {
+			display: flex;
+			font-size: var( --font-body );
+
+			border: 1px solid var( --jp-gray-5 );
+			border-left-color: var( --jp-black );
+			border-left-width: 6px;
+			border-radius: 4px;
+
+			margin-top: 24px;
+			background: white;
+			position: relative;
+		}
+		.stats-odyssey-notice--content__highlighted {
+			border-left-color: var( --jp-red );
+		}
+		.stats-odyssey-notice--content {
+			padding: 24px 0 24px 30px;
+			font-size: 2em;
+			width: 100%;
+		}
+		.stats-odyssey-notice--content-header {
+			font-size: 24px;
+			line-height: 32px;
+			margin: 0;
+			margin-bottom: 8px;
+		}
+		.stats-odyssey-notice--content-text {
+			font-size: 16px;
+			margin: 0;
+		}
+		.stats-odyssey-notice--image-container {
+			background-image: url("<?php echo esc_url( $stats_bg_url ); ?>"), url("<?php echo esc_url( $stats_bg_gradient_url ); ?>");
+			background-size: cover;
+			padding-right: 28px;
+			width: 100%;
+		}
+		.stats-odyssey-notice--close-button {
+			position: absolute;
+			top: 1rem;
+			right: 1rem;
+			background-color: transparent;
+			border: none;
+			cursor: pointer;
+		}
+		.stats-odyssey-notice--action-bar {
+			display: flex;
+			align-items: center;
+			margin-top: 24px;
+		}
+		.stats-odyssey-notice--primary-button {
+			margin-right: 18px;
+			padding-left: 20px;
+			padding-right: 20px;
+			font-size: 16px;
+			border-color: black;
+			background-color: black;
+		}
+		.stats-odyssey-notice--primary-button:hover {
+			border-color: #3c434a;
+			background-color: #3c434a;
+		}
+		.is-primary-link {
+			color: white;
+			text-decoration: none;
+		}
+		.is-primary-link:active {
+			color: white;
+		}
+		.is-primary-link:focus {
+			color: white;
+			box-shadow: none;
+			outline: none;
+		}
+		.is-primary-link:hover {
+			color: white;
+		}
+		.is-secondary-link {
+			color: black;
+			font-size: var( --font-body );
+		}
+		.is-secondary-link:hover {
+			color: black;
+		}
+		.is-hidden {
+			display: none;
+		}
+	</style>
 	<div id="jp-stats-wrap">
 		<div class="wrap">
 			<h1><?php esc_html_e( 'Jetpack Stats', 'jetpack' ); ?>
@@ -461,6 +554,21 @@ function stats_reports_page( $main_chart_only = false ) {
 			?>
 			</h2>
 		</div>
+		<div class="wrap">
+			<div class="stats-odyssey-notice stats-odyssey-notice--content__highlighted">
+				<div class="stats-odyssey-notice--content">
+					<h2 class="stats-odyssey-notice--content-header"><?php esc_html_e( 'Deprecated Jetpack Stats Experience', 'jetpack' ); ?></h2>
+					<p class="stats-odyssey-notice--content-text"><?php esc_html_e( 'The old Jetpack Stats has been deprecated and will be removed soon. Please click the button to enable the new experience.', 'jetpack' ); ?></p>
+					<div class="stats-odyssey-notice--action-bar">
+						<button class="dops-button stats-odyssey-notice--primary-button">
+							<a class="is-primary-link" href="<?php echo esc_url( $redirect_url ); ?>"><?php esc_html_e( 'Switch to new Stats', 'jetpack' ); ?></a>
+						</button>
+						<a class="is-secondary-link" href="<?php echo esc_url( $learn_url ); ?>" rel="noopener noreferrer" target="_blank"><?php esc_html_e( 'Learn about Stats', 'jetpack' ); ?> <svg xmlns="http://www.w3.org/2000/svg" style="vertical-align: middle;" viewBox="0 0 24 24" width="16" height="16" aria-hidden="true" focusable="false"><path d="M18.2 17c0 .7-.6 1.2-1.2 1.2H7c-.7 0-1.2-.6-1.2-1.2V7c0-.7.6-1.2 1.2-1.2h3.2V4.2H7C5.5 4.2 4.2 5.5 4.2 7v10c0 1.5 1.2 2.8 2.8 2.8h10c1.5 0 2.8-1.2 2.8-2.8v-3.6h-1.5V17zM14.9 3v1.5h3.7l-6.4 6.4 1.1 1.1 6.4-6.4v3.7h1.5V3h-6.3z"></path></svg></a>
+					</div>
+				</div>
+				<div class="stats-odyssey-notice--image-container"></div>
+			</div>
+		</div>
 		<div id="stats-loading-wrap" class="wrap">
 		<p class="hide-if-no-js"><img width="32" height="32" alt="<?php esc_attr_e( 'Loading&hellip;', 'jetpack' ); ?>" src="<?php echo esc_url( $static_url ); ?>" /></p>
 		<p class="hide-if-js"><?php esc_html_e( 'Jetpack Stats work better with JavaScript enabled.', 'jetpack' ); ?><br />