The Olympic Park Legacy Company confirmed today that it will enter into final negotiations with two major bidders – a consortium led by Tottenham Hotspur Football Club with AEG and a consortium of West Ham United Football Club and the London Borough of Newham.

The two Premiership sides are the only ones left in the running following a bidding process which started in August.

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 Stadium is a vital and vibrant component of the Olympic Park – securing the most appropriate and viable solution is crucial for our long-term aspirations for the future Queen Elizabeth Olympic Park area.”

A winner will be announced by next April.