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
Leyton Orient have been in free-fall ever since Italian Becchetti bought the club from Barry Hearn in 2014.
A long-awaited report criticises industrial action taken by Aslef and the RMT union over the past year.
The prime minister was shouted at as she left the scene of the tragedy in which at least 79 people died.