Mayor of London Boris Johnson said the deal defied the "gloomsters" who predicted the stadium would become a "dusty relic".
“This is a truly momentous milestone for London’s spectacular Olympic Stadium ensuring its credible and sustainable future. Through this deal with West Ham United FC, we are defying the gloomsters who predicted this landmark would become a dusty relic.
“With a series of world class entertainment and sporting fixtures already in the bag for Queen Elizabeth Olympic Park, this iconic site is set to be the glittering centrepiece of ambitious regeneration plans for east London, which will capitalise on the Olympic investment into this area”.
More top news
People took to the streets of Brixton today to march against what they see as the 'gentrification' of the area.
A mother has issued an appeal for information after her "quiet" son who had a "lovely smile" was found dead in the Thames.
A man has been sentenced after his 61-year-old landlady was found on the floor covered in a duvet by paramedics.