Former England captain David Beckham has confirmed that he will become the owner of a Major League Soccer club in Miami.
The former Manchester United and Real Madrid star will be exercising his $25 million option to start an expansion franchise as part of the deal he signed with MLS to play for the Los Angeles Galaxy back in 2007.
According to Eurosport, Beckham is already in discussions with Miami-Dade county to possibly lease county-owned land for a new stadium.
Beckham’s investment group includes American Idol creator Simon Fuller, and billionaire Marcelo Claure (founder of Brightstar Corp). Beckham is also in talks with NBA superstar LeBron James of the Miami Heat to help him launch his MLS team (LeBron also owns a minor stake in English Premier League club Liverpool).
Beckham must have a final stadium deal in place, as well as a business plan, before MLS will approve a new franchise.