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West Ham 'preferred partner' for Olympic Stadium

Updated: December 5, 2012, 8:01 AM ET
Associated Press

LONDON -- Premier League soccer team West Ham has been named "preferred partner" in its bid to move into the London Olympic Stadium and will enter into exclusive negotiations over the terms of a 99-year lease.

An agreement to play in the 486 million pound ($783 million) venue collapsed last year, but the east London club won a new bid Wednesday.

West Ham would be moving 2 miles from its 35,000-capacity Upton Park to a stadium downsized from 80,000 seats at the Olympics to 60,000.

The ...

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