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.
More top news
Unilever's Burton-on-trent factory is to help manufacture a marmite egg which will go on sale this easter.
Prince Charles, Russell Brand and vlogger Zoella have been named in the annual Debrett's 500 list of the most influential Brits today.
A young mum wants to find a stranger who left her a handwritten note, describing her as a "credit to her generation" and a five pound note