West Ham United have received the green light from the Government to move into the Olympic Stadium following the 2012 Games.
The club was named the preferred bidder by the Olympic Park Legacy Company (OPLC) last month after they voted unanimously in favour of the Hammers, who had faced competition from Premier League rivals Tottenham in the bidding.
And now the Government has confirmed that the Hammers can take over the facility in little over a year’s time.
West Ham vice-chairman Karren Brady told the club's official website: “I am pleased and proud the Mayor of London and Government have today endorsed the Olympic Park Legacy Company's recommendation that West Ham United and Newham Council be preferred bidder for the Olympic Stadium.
“I am grateful for their support and the clear recognition of the strengths of a financially strong, community-based bid that will do much for the regeneration of east London.
“At this time, I must also personally thank Baroness Ford and Andy Altman of the OPLC for the thorough and professional way they have handled this entire process. I look forward to working with them in the future and making their vision a reality.
“At West Ham, we have been entrusted with a great responsibility and the OPLC's unanimous backing will only inspire us further to make good on our legacy promises.
“In many ways, the hard work starts now. The starting gun has been fired and we are off and running.
“This will be an Olympic Stadium to make everyone proud, a multi-sports, multi-event arena that will be both a spectacular local and global attraction. We will not let anyone down.”
And a statement released by the OPLC added: “We are pleased that the Mayor and Ministers have approved our recommendation.
“We look forward to working with the preferred bidder, West Ham United and the London Borough of Newham, in order to bring the future of the Stadium to a financial close.”