26 Apr 2009

MLS picks up money for extended loan of Beckham to AC Milan

12:10 pm on 26 April 2009

Major League Soccer will receive $18 million for its agreement to extend David Beckham's loan to AC Milan through the end of the season.

The 33-year-old England midfielder joined the Los Angeles Galaxy in July 2007 and moved to Milan on a loan in January.

That loan was to expire on March 8th but the sides agreed to extend it through the end of the Italian season.

Beckham will rejoin the Galaxy on July 1st.

Beckham has the ability to terminate his contract with the Galaxy after the 2009 season.