Menu
Leagues and Governing Bodies

Beckham In Serious Talks With MLS Over Miami Expansion, But Competing Group Emerges

David Beckham and Brightstar Communications CEO Marcelo Claure "remain in serious discussions" about bringing an MLS franchise to Miami, but "nothing has been finalized, the stadium issue is still a question mark, and another interested ownership group emerged this week," according to Michelle Kaufman of the MIAMI HERALD. A source said that Beckham and Claure "met in Japan last week and plan to meet again in the next few weeks" in L.A. Beckham "has an option to buy a franchise for a sharply discounted price" believed to be $25M, but the option "expires in December, so he would have to decide before then." Meanwhile, a London-based investment group led by hedge fund The Children's Investment partner Alessandro Butini "made its pitch for MLS-to-Miami official on Tuesday, partnering with the University of Miami School of Architecture to develop ideas for a viable soccer-specific stadium, and launching a website -- MIA4MLS.com -- to drum up fan interest." Butini said that his plan "would include a privately-funded stadium." His partners include Marco Novelli, who has "been successful in real estate ventures", and Suzie MacCagnan, a former N.Y. financial advisor who "more recently has brokered deals" between foreign investment groups and EPL clubs. Butini said MLS Commissioner Don Garber "told me the stadium is the biggest variable, the No. 1 priority, so I am tackling that issue head on." Butini "gave a presentation to UM architecture students and a few local architects Monday," and he "sees Miami Beach or downtown Miami as the best places for a stadium, but has no specific location in mind yet" (MIAMI HERALD, 10/2).

UPDATE ON ORLANDO'S EXPANSION BID: In Orlando, Mark Schlueb reported two "small pieces of property are among the final hurdles for Orlando to clear before it can move forward with plans" to build an MLS stadium downtown, but the property's owners "aren't willing to negotiate." Because of that, the city of Orlando is "turning to eminent domain to seize the land at a court-ordered price." The team has said that MLS "requires its new franchises to play in soccer-specific stadiums." City commissioners are "expected to approve a funding package on Oct. 7, and Orange County commissioners will vote Oct. 22" (ORLANDO SENTINEL, 10/1).

SBJ Morning Buzzcast: June 7, 2024

Silver's goals; NCAA looks to boost revenue through field ads; Lurie's limited stake and Olympics 50 days out

Fox Sports’ Joel Klatt, Stanley Cup Final puck drop, and a hectic week for ESPN

On this week’s pod, Joel Klatt joins the show to talk all things UFL and college football. The Fox Sports football analyst shares his thoughts on the future of spring football and the changing landscape on the college gridiron. Later in the show, SBJ’s Alex Silverman gets us set for the Stanley Cup Final between the Edmonton Oilers and Florida Panthers. Plus, Mollie Cahillane fills us in on who’s up and who’s down in sports media.

One on One with Chatri Sityodtong, Founder and CEO of Group ONE

A chat getting to know Chatri Sityodtong...his background, the rise of ONE Championship and his vision.

Shareable URL copied to clipboard!

https://www.sportsbusinessjournal.com/Daily/Issues/2013/10/02/Leagues-and-Governing-Bodies/MLS-Miami.aspx

Sorry, something went wrong with the copy but here is the link for you.

https://www.sportsbusinessjournal.com/Daily/Issues/2013/10/02/Leagues-and-Governing-Bodies/MLS-Miami.aspx

CLOSE