Wembley stadium was today chosen by UEFA to host the 2010/11 UEFA Champions League final, with the same season's Europa League final, the former UEFA Cup, going to Dublin's new Lansdowne Road ground. London and Dublin were named as venues for the two European showcase matches by UEFA's Executive Committee meeting in Nyon.
European football's governing body also named Munich's Allianz Arena as the venue for the 2011/12 Champions League final, with Bucharest's National stadium hosting the 2012 Europa Cup decider.
For the Republic of Ireland this will be the first time the country has staged a major European final with the venue, the new Lansdowne Road, still under construction.
This year's Champions League final is in Rome, and the UEFA Cup final is in Istanbul.
The decisions mean there will be two European finals held in Germany in the coming years, as Hamburg will host the 2010 Europa Cup final.
The 2011/12 Champions League final will be held on a Saturday and is expected to generate up to 10 million euros for hotels, bars and restaurants in Munich.
"On behalf of the DFB, I would like to thank UEFA for this decision and it is a big reward for the authorities in the city which met the strict criteria," said German Football Federation president Dr Theo Zwanziger.