West Ham United and Tottenham Hotspur have had their bids selected for the final shortlist to take control of the Olympic Stadium after the 2012 Olympic Games.
The Olympic Park Legacy Committee (OPLC) will now enter into negotiations with each bidder before making a final decision. West Ham United made their bid with Newham Council whilst Spurs teamed with AEG.
Margaret Ford, Chair of the Olympic Park Legacy Company said: “We are very pleased with the extensive and serious interest shown in the stadium. We started this process to ensure the very best legacy for the stadium, and we are now at a point where we have selected the two strongest bids. We will go forward to start negotiations with the two consortia of Tottenham Hotspur and AEG, and West Ham United and Newham Council.
“The Legacy Company aims to have a preferred tenant in place by the end of the financial year in 2011.”
A statement on West Ham’s site said: "We are delighted to have been shortlisted for the next stage of the Olympic Stadium process.
“We now look forward to discussing further with the Olympic Park Legacy Company how West Ham and Newham can deliver the best legacy for the stadium by making it a busy, iconic centre of sport, education and culture that benefits not just East London, but the nation as a whole."