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David Beckham has taken up the option to buy a new Major League Soccer franchise in Miami, but no team name has been announced yet.
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David Beckham said he will not seek public funding for his new football club in Miami.
He said: "We don't want public money, we will fund the stadium ourselves, it is something that we have worked very hard on.
The former England midfielder has taken up the option to buy a new Major League Soccer franchise in Miami."We are going to have the right investors, and I'm not just talking about wealth but people who have a passion for the game as well," Mr Beckham added.
David Beckham reveals he has a list of potential players to join his new football team in Miami. "Players are already calling me up to ask me when Miami is happening," he said.
David Beckham's new football team will not start playing the Major League Soccer until at least 2016.
With no stadium to play in, one of Mr Beckham team's first task will be finding a suitable site for the club's home venue.
Asked about public investment into the team, Mr Beckham said he is not looking for government grants. "We don't want public funding. We want to fund the stadium ourselves," he said.
Mr Beckham announced his plans to build a new team in Miami. Starting the team from scratch, he is outlining the next steps in the process of securing the franchise.
Retired football star David Beckham is in Miami, announcing his plans for bringing Miami into Major League Soccer.
"I want to create a team that will be very personal. Everything I've done in my career has been personal," Mr Beckham said.
"I wanted to start a team from scratch. I want to make this mine," he added.
Former England football captain David Beckham has announced his plan to become the owner of a Major League Soccer team in Miami.