Skip to main content

Becks realises his dream

After six years David Beckham saw his Inter Miami team play their first game, a friendly, at the weekend. Their first MLS fixture is on March 1st. Their first match was at the Al Lang stadium, an antiquated baseball stadium in Fort Lauderdale with a 7,500 capacity. It is a 40 minute drive north of Miami. A 20,000 seater stadium in Fort Lauderdale will be ready for their first MLS match and will be their home for at least two seasons, perhaps for good.

The longer term plan is to build the Miami Freedom Park stadium with a 25,000 seat capacity near Miami International Airport. However, many politicians oppose building on the site at the Melreese Country Club in a city lacking in green open spaces.

Beckham has local partners in Jorge and José Mas, Miami-based Cuban-American construction magnates who have the ability to navigate South Florida political waters. Other investors include Masayoshi Son, the Japanese billionaire owner of multinational conglomerate SoftBank, and Marcelo Claure, the former chief executive of US telecommunications company Sprint.

Beckham got a cut price franchise for $25m in 2007. They are now valued at upwards of $250m.

Inter Miami are involved in a legal dispute with Inter Milan who filed a US patent and trademark application in 2014 to ensure ownership of an exclusive 'Inter' brand.

Labels:

Comments

Post a Comment

Popular posts from this blog

It's no deal say Spurs insiders over Taiwanese takeover

Senior figures at Tottenham Hotspur insisted on Friday that they had not been informed of any deal to sell Daniel Levy’s stake in the club. A business group, Eight Sports Capital — which is said to include a billionaire Taiwanese financier — claimed that it had an agreement in place to buy a 24.99 per cent stake in ENIC, the club’s majority owners, from Levy, who owns 29.88 per cent. The Times has been told Ng Wing Fai and Brooklyn Earick form part of the group, having both been linked previously to potential takeovers of the Premier League club. The Taiwanese businessman, Richard Tsai, is also said to be part of the consortium. He is reportedly worth £7 billion.  Last year Earick, the former DJ and tech entrepreneur, was part of an attempted £4.5 billion takeover, which was “unequivocally rejected” by Spurs.  An ENIC spokesperson said: “We can confirm that neither ENIC nor THFC are aware of any sale by Daniel Levy’s Family Trust of its minority stake in ENIC, THFC’...
Post a Comment
Read more

Reports about Charlton sale exaggerated

Reports have appeared in The Guardian and elsewhere that Charlton has been put up for sale. Richard Cawley is an authoritative local journalist who runs a South London Sport substack site.  He reached out to the club yesterday evening to ask for comment on The Guardian’s article. Early indications from the club have been that nothing has changed since the story about them seeking investment, except that it is now a different company doing it. Charlton have since managed to consolidate their place in the Championship, avoiding an instant return to League One, with their women’s side promoted to the WSL, returning to the top flight for the first time since 2007, although staying there is likely to be costly. It would be counter-intuitive for owners Global Football Partners not to progress the club when looking for investment, that the focus remains on driving it forward, that their spend this summer is in line with long-term planning and will see an increase in wages spent on players...
Post a Comment
Read more

Hull City's 'strange' loan

When football finance guru Kieran Maguire seems flashing lights in a club's loan deal, I become concerned.  He is the leading football finance expert in the UK. Hull City have borrowed £55m against their stadium and training ground yet they should get £30m from the Premier League before long.  What is going on? https://www.bbc.co.uk/sport/football/articles/cpwel48y51do
Post a Comment
Read more