LONDON, Oct. 29 (UPI) -- Retired soccer superstar David Beckham has chosen Miami as the site for his possible MLS expansion franchise, Britain's Sky Sports reported Tuesday.
Citing unnamed sources, the broadcaster said the former England captain and Los Angeles Galaxy star had settled on the Florida city to host a new team should his bid to establish a new Major League Soccer team be accepted.
Beckham, who retired from soccer after a five-year stint with Los Angeles and a brief stay with Paris St. Germain, won the right to found a new team for $24 million as part of his 2007 contract with the Galaxy.
However, he must beat stiff competition from up to 12 other prospective ownership groups seeking a new team.
Sky reported if Beckham wins the competition, he could then sell it to other potential investors for almost triple the asking price.
The 19-team MLS is planning to expand to 24 franchises by 2020.