West Ham United have been announced as the first ranked bidder for the Olympic Stadium.

It comes a year after the club’s initial successful bid was thrown out in a legal wrangle.

The announcement was made by London Mayor Boris Johnson, who is also chairman of the London Legacy Development Corporation (LLDC), the body in charge of the legacy of the Olympic Park.

The LLDC’s board unanimously made the decision in favour of the Barclays Premier League club ahead of rivals from Intelligent Transport Services in association with Formula One, UCFB College of Football Business and Leyton Orient.

Mr Johnson said: “We had four good bids, as everybody knows. The bid that has been ranked top is West Ham United. I am very pleased about that.

“It will, if it goes through, mean a football legacy for the Stadium but there is still a lot of negotiation to go on between the LLDC and West Ham United about the terms of the deal.”

He added: “There are no guarantees and we have a plan B with lots of cultural and sporting events in Stadium. We need to make sure taxpayers get a good deal.”