In a press statement issued by the London 2012 Organising Committee, Mr Gidney said: "We are looking forward enormously to staging Olympic football in Coventry. This is a great honour and we are proud to be involved with the Games. We have worked hard over the last few months to prepare our bid and I would like to thank all our partners and organisations involved for their support."
Hugh Robertson, Minister for Sport and the Olympics, said: "Sitting at the heart of the Midlands, the City of Coventry Stadium is ideally located for thousands of people to come and watch the London 2012 football competition and be inspired to get involved in sport".
David Moorcroft, Chair of the West Midlands Leadership Group for the 2012 Games and Coventry Walk Of Famer said: "It is fantastic news that the City of Coventry Stadium will host the Football tournament taking place as part of London 2012. It is a real boost for the region and for Coventry as it will bring real economic benefit as the Olympic teams and their fans visit the city. Personally, as I am Coventry born and bred, I am delighted to see my home city identified as a venue and look forward to experiencing part of the 2012 Games as it takes place on my doorstep."
Martin Reeves, Chief Executive of Coventry City Council, said: "2012 promises to be an outstanding year for the city. As well as the Olympic and Paralympic Games, we'll be marking the 50th anniversary of the consecration of Coventry Cathedral, and there's an important link between the city's strong message of peace and reconciliation symbolised by the Cathedral, and the spirit of respect, fairness and sporting competition."
As well as the football at the Ricoh which will be named the City Of Coventry Stadium for the duration of the games, there is a lot planned. This includes a big screen installed at Coventry Transport Museum in towncentre.
Several businesses in the region have been awarded London 2012-related contracts. There is also an exciting project underway in Coventry called 'Godiva Awakes' which is commissioned through Artists Taking the Lead, and forms part of London 2012's Cultural Olympiad and is funded by Arts Council England.
A 10 metre high Lady Godiva will be created, and she will awake from her sleeping chamber in July 2012 to a spectacular performance. Powered by 50 cyclists, Godiva will then journey to London to play a part in the all the celebrations.
Picture copyright of Pete Chambers