London: West Ham’s bid to take over the 2012 Olympics stadium was given formal approval by the British Government and Mayor of London Boris Johnson on Thursday.
The green light allows the Olympic Park Legacy Company (OPLC) to enter into negotiations with West Ham and their consortium partners to agree a lease for the facility.
“We are delighted with the progress that has been made and very pleased we have reached this very significant milestone in determining the long-term legacy for the Olympic Park following the Games,” local government minister Bob Neill said in a statement.
The OPLC had given its backing to West Ham last month after a bitter battle for the stadium venue with Premier League rivals Tottenham.
West Ham won after tabling a bid which proposed retaining the stadium’s running track.
Bid rivals Spurs had proposed demolishing the stadium and replacing it with a purpose built venue without an athletics track, a plan that had been condemned by British Olympic officials.