search

The Real Deal Logo

Trending

Lawmakers reach sweeping housing deal with “good cause eviction,” new 421aLawmakers reach sweeping housing deal with “good cause eviction,” new 421aMarty Burger’s new venture sputters on takeoffMarty Burger’s new venture sputters on takeoffRent board’s 4% hike will “plunge” buildings into distress: landlordsRent board’s 4% hike will “plunge” buildings into distress: landlordsMacerich faces “imminent” default on $300M Santa Monica Place loanMacerich faces “imminent” default on $300M Santa Monica Place loan
South Florida

Beckham answer to come early next month

PortMiami and David Beckham
PortMiami and David Beckham

After months of speculation, David Beckham’s specific plans for a Major League Soccer franchise in Miami should become known in a few weeks.

Sign Up for the undefined Newsletter

MLS commissioner Don Garber said the league plans to announce the status of Beckham’s efforts to bring a team to Miami early next month, the Miami Herald reported. If Beckham can finalize a stadium deal in Miami, the city should get the nod for the new franchise. As part of his contract with the Los Angeles Galaxy, Beckham has an opportunity to purchase an expansion team for a substantial discount.

The English soccer legend is teaming up with business manager Simon Fuller and local billionaire Marcelo Claure on the investment. Beckham’s investment group is in talks with Miami-Dade officials about leasing county land and building a privately-funded stadium on a PortMiami site. [Miami Herald] — Eric Kalis

Tags
Celebrity Real EstatePortMiami