Stuart Pearce's side go into this summer's Games hoping to make the best of home advantage, but they have been dealt a potentially tricky group that includes Luis Suarez's Uruguay
Stuart Pearce's 18-man squad includes star names such as Ryan Giggs and Craig Bellamy, while also featuring some up and coming talent in the likes of James Tomkins and Joe Allen.
They kick off their campaign against Senegal at Old Trafford on July 26 before facing both the United Arab Emirates and World Cup semi-finalists Uruguay, who have named a strong squad featuring both Luis Suarez and Edinson Cavani.
Competing in their first Games for 60 years, Team GB remain an outside bet for a medal if they can navigate a way past a tough group, and they would fancy their chances against the likes of Mexico, Egypt and Switzerland in the latter stages.
The two huge favourites for the gold medal, though, are Brazil and Spain. The recent Euro 2012 winning nation have named a young squad that is nevertheless packed with experience including Jordi Alba, Javi Martinez and Juan Mata.
Brazil on the other hand have a huge array of young and potentially deadly attacking talent, with Neymar, Oscar and Lucas Moura all heavily linked with moves to the Premier League this summer, and it will be exciting to see them up close and personal.
However, unlike other international tournaments where only the winners are remembered in the annuls of history, the Olympics offers the chance for three teams to walk home with a medal.
With this in mind, how do you rate Team GB's chances of winning the Olympic gold? Will they emerge at the end of the tournament with a medal at all?
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