The Olympic Park Legacy Company said today that it will enter into final negotiations with the two bidders – a consortium led by Spurs that includes US entertainment company AEG and a consortium of West Ham and the London Borough of Newham.
A spokeswoman for the OPLC refused to say how many parties had entered the formal bidding process but said there had been "a lot of interest".
In going to market, the OPLC said that its aim was to consider options which would build on the existing plans for a 25,000-seat mixed-use stadium. The eventual anchor tenant will have to fulfil obligations regarding the 2012 Games’ bid commitments for a legacy for athletics, the OPLC said.
OPLC chair Margaret Ford said: "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.
"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."
The OPLC said that it aims to have a preferred tenant in place by the end of the financial year in 2011.
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