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Big rock stars could be heading East from Hyde Park for gigs at the Olympic Stadium from next summer.

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The London Legacy Development Corporation, overseeing the park, is negotiating with events organisers about holding concerts at the venue, which could see it rival Wembley and the 02 Arena.

Media reports have suggested that the world’s biggest live music company, Live Nation, which last year quit Hyde Park as a venue, is in talks about staging the concerts. But a spokesman for the corporation declined to reveal which companies they are in discussions with.

He said: “We are exploring a number of options with event organisers to bring concerts to the Stadium. These talks are ongoing and an announcement will be made in due course.

“We want to have something in the summer to mark the anniversary of the start of the London Games and we are hoping for a concert, but it could be another event.”

The corporation’s chief executive, Dennis Hone, also said in a BBC interview that he hopes to name major events in the park in the coming weeks.

Mr Hone said: “The exciting thing for us is that we have the opportunity to put on some major events in the park - some music events and festivals and an anniversary weekend on 27 and 28 July.”

Live Nations quit Hyde Park after more than a decade of staging concerts such as Live 8 and Hard Rock Calling. The company cited issues such as noise restrictions.

Last month West Ham United was named as the preferred bidder to become anchor tenant of the stadium, probably for the 2016-17 season.

But London Mayor Boris Johnson has warned that alternative options for the stadium are being explored in case the deal falls through. And events, such as concerts, could also continue elsewhere in the park if the football club moves into the stadium.

If the West Ham deal is signed a £160million-plus redesign of the stadium will follow, likely to begin in the autumn. This summer therefore provides a window of opportunity to hold events before the stadium is transformed for any future use.

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