West Ham United are closer to moving to the London Olympic stadium.

The Daily Mail says West Ham are set to be named as the preferred bidder for the Olympic Stadium next week amid fresh efforts to plug the gap in funding required to convert the venue into a football ground.

The London Legacy Development Corporation (LLDC) board is meeting on December 5 and sources close to the process say it is expected that the football club will be given a major step towards become the stadium's tenants.

Preferred bidder status will not involve the signing of any contracts but will put West Ham in the driving seat to securing a new home under a 99-year lease.