The funnyman has been invited on a tour of the Olympic Village in the British capital while he negotiates his role.
Event organisers are reportedly considering giving Fry an ambassador position, or making him the 'official voice' of the Games, according to Britain's Daily Mail newspaper.
Fry says, "I have been asked to have a meeting with the Olympics people. I am really behind it."
A spokesperson for the London Olympics adds, "Stephen has been very supportive. We would love to have him involved."