West Ham United has welcomed the news on its website.
"West Ham United are extremely pleased to be announced as the Highest-Ranked Bidder to be the anchor concessionaire of the Olympic Stadium - a decision that guarantees a true and lasting legacy for east London and is the best outcome for the British taxpayer."
Click here to read the statement in full.
More top news
Police are hunting for the owners of this jewellery which they believe is stolen
Police investigating the murder of a 20-year-old man in East London have named him as Moosakhan Nasiri.
18 year old Shafiq Smith was charged early this morning with the murder of Omid Saidy