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The Olympic Park Legacy Company picked West Ham as its preferred tenant for the $867 million stadium, which will stage the opening and closing ceremonies and track and field competition in 2012.

OPLC chairwoman Baroness Margaret Ford said the decision by the 14-member board was unanimous.

West Ham, in last place in the top division's standings, plans to downsize the stadium from 80,000 to 60,000 seats and use it as a multipurpose venue that includes the Olympic running track. The Hammers hope to move into the stadium from their current Upton Park home in nearby east London in August 2014.

American sports and entertainment giant AEG, had proposed taking down most of the stadium and putting up a 60,000-seat soccer-only stadium on the same site without a track. Tottenham's plan had been widely criticized by Olympic officials and athletes.

London Olympic organizing committee, said recently that Britain had a "moral responsibility" to keep the stadium track. He said Britain would "trash" its international reputation if it went back on its promise

Olympic Park in Stratford, east London, than Tottenham, which plays at White Hart Lane, 5 1/2 miles away in a northern suburb.

West Ham is bidding jointly with Newham Council, the local authority which will provide a loan of $64 million to the club.