Squash, baseball, wrestling on 2020 shortlist ST PETERSBURG, Russia (Reuters) - Wrestling, baseball/softball and squash made an International Olympic Committee shortlist for potential inclusion in the 2020 Games with five other sports failing to make the cut, the IOC announced on Wednesday. The three sports will now be put to the vote at the International Olympic Committee session in Buenos Aires in September with only one of them winning a place on the 2020 Games program. The IOC is eager to revamp its sports program in a bid to keep the Olympics relevant to a younger generation to attract viewers and sponsors. Five other sports - karate, wakeboarding, sports climbing, wushu and roller sports - did not make the shortlist, meaning their chances of Olympic inclusion were dashed for at least another four years. "It was never going to be an easy decision but I feel my colleagues on the (executive) board made a good decision in selecting baseball/softball, squash and wrestling to be put forward in Buenos Aires," said IOC president Jacques Rogge. For IOC vice president Thomas Bach it was "a good mix between team sports and individual sports. "Wrestling managed to convincingly present the changes they have undertaken, both on a sporting level as well as in the organization," Bach said. Wrestling was taken off the 2020 Games program in February in a shock move but Wednesday's decision threw the sport an Olympic lifeline. Wrestling, which has featured in every modern Olympics since 1896 apart from the 1900 edition, has frantically scrambled to push through a string of reforms since February in a desperate bid to remain in contention. It made the cut on Wednesday after only one round, winning a majority eight out of 14 votes. Baseball/softball, which received no votes in the first round, booked their spot next with squash clinching the final place on the shortlist. Olympic inclusion guarantees sports millions of dollars of revenues while a Games exit can stifle a sport's global growth. "All of those who helped us, I want to call on them to help us again because the match is not finished," said international wrestling federation (FILA) president Nenad Lalovic. "The second match starts now," said the Serbian, who jumped up and hugged associates in a packed conference room during the IOC announcement. Baseball and softball, which in 2005 became the first sports to be taken off the Games program since polo in 1936, united into one federation and the move paid off as they grabbed a spot on the list. "We got a chance to fight for our dreams," Don Porter, co-president of the World Baseball Softball Federation, told Reuters. We are in the seventh inning, we will now move to the ninth and I guess we need to hit a home run. Our young athletes had dreams and we can now help them get those dreams back. For squash, which battled to win a spot at the 2016 Olympics but lost out to rugby and golf, it was a long-awaited decision. "This is a huge milestone in our quest to join the Olympic Program and I would like to thank the executive board for the faith it has placed in squash," federation chief N Ramachandran said. The IOC will elect the 2020 Games host city at its session on September 7 and the new sport to be included in those Games a day later. Tokyo, Madrid and Istanbul are bidding to stage the 2020 Olympics. Reporting by Karolos Grohmann; editing by Ken Ferris