Mayor of Newham Sir Robin Wales said: “This is another massive step forward in securing the future legacy of the Olympic Stadium for the residents of Newham, the people of London and the nation as a whole.
"Newham’s vision for the stadium remains to create significant community benefits including a world class visitor attraction, job creation, access to events held there and increased sports participation.”
Chief executive Kim Bromley-Derry added: “West Ham United are not just a local club - they are an important part of the community. The Olympic Stadium and the Olympic Park deserve a fitting legacy and Newham has always been passionate about delivering that legacy."
More top news
A man from north London has been jailed for 27 years for owning guns and conspiring to supply drugs. Two others were also jailed.
One of the country's most extravagant private homes has been snapped up for just a quarter of the original £100 million asking price
Transport for London is being forced to pull down Germanwings tube adverts with the words "get ready to be surprised" after the fatal crash