UEFA President Aleksander Ceferin announced on Thursday that England's national stadium would now host the three group stage games and one knockout match slated for the proposed new "Eurostadium" in Belgium.
UEFA chose to reallocate the three group-stage games and one last-16 game originally given to the Belgian capital because of delays in the project to build a new 60,000-capacity Eurostadium on the site of Heysel.
Wembley was preferred to Cardiff and Stockholm, which were both among the original 19 candidate cities for the tournament and had also been named by UEFA as possible replacements for Brussels.
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Brussels had been one of 13 venues picked to host this unique edition of the European Championship - to celebrate the tournament's 60th anniversary - held across the continent rather than in a single host country.
"We discussed with Brussels for quite a long time and they were not able to provide us with all the documentation".
"Until today we don't know if they can build a stadium or not".
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Ceferin said that the development of the Eurostadium had run into delays involving the applications for construction and environmental permits.
Khan said: "It speaks volumes about our great city that London has been awarded an additional four Euro 2020 matches, reinforcing the capital's reputation as the sporting capital of the world".
Baku and Rome will host group A, group B's games will take place in Copenhagen and St Petersburg, Amsterdam and Bucharest get group C, Glasgow and London will share group D, group E will be staged in Bilbao and Dublin, while group F's fixtures will be in Budapest and Munich.
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Each of the 12 host cities have been paired together in six groups of two and it also means a trip to Spain could be on the cards for travelling Irish fans.