31 Oct 2013

Beckham to start up MLS team in Miami

6:16 am on 31 October 2013

David Beckham has chosen Miami as the location for the Major League Soccer team he intends to set up.

The former England captain is thought to be able to buy the US franchise for a discounted 30 million dollars from MLS.

The 38-year-old's option to purchase a franchise is believed to be part of the financial package he negotiated when he joined LA Galaxy in 2007 as a player.

Any deal has yet to be finalised but 12 potential investor groups from around the world are said to have made contact with the former Manchester United, Real Madrid and AC Milan midfielder, who retired in May after making 10 appearances for his final club Paris St-Germain.

There are currently 19 teams in MLS, but the league hopes to expand to 24 by 2020.

A joint venture between Manchester City and baseball's New York Yankees is due to become the 20th team when they launch New York City FC in 2015.