The English football club West Ham have agreed to sell Upton Park to a London developer once they have completed their move to the Olympic Stadium in 2016.
The developer plans to build new homes on the site as well as retail and leisure facilities by 2018.
The Hammers played their first match at Upton Park in 1904.
Its official name is the Boleyn Ground, however it is commonly called Upton Park after the area it is located in.
It has a capacity of 35,000.
It has also been in talks with the family of former West Ham and England captain Bobby Moore about the possibility of placing a landscaped garden named in his honour at the centre of the site, as well as a statue of him.