The Hammers were named preferred bidders in December but negotiations with the London Legacy Development Corporation (LLDC) have been long and tortuous.
However, the LLDC announced this morning that a deal has now been signed off that sees the Premier League club become anchor tenants under a 99-year lease.
Plans for the revamped stadium were unveiled this morning, with the reported £150 million facelift due to be completed in time for the 2016-17 season.
The Olympic Stadium will be transformed into a 54,000-seater venue, with West Ham now set to embark on a detailed, independent supporter consultation process.
Good, Can we use the stadium as a camp for Financial Services people after the revolution? Perhaps the new housing bubble being constructed by the sub-prime Chancellor might be improved by actually constructing affordable housing for people on ordinary incomes? rather than forcing existing too-high prices up even further to benefit his chums House prices are too high don’t make them even higher – its similar with football ticket prices