The 38-year-old Beckham who retired last year after helping Paris Saint-Germain to win the French title is now on the verge of bringing a professional football team to Miami.

One of the conditions in the Englishman’s contract when he went to the States to play for the Los Angeles Galaxy was that he would be able to purchase an MLS franchise for the set fee of $25 million.

Becks, 38, has the option to buy a significant stake in a Major League Soccer team after playing for LA Galaxy and is now poised to take it up.

His Galaxy contract contained the franchise option for a set fee of $25m.

Beckham has had several meetings with Miami based Bolivian billionaire Marcelo Claure owner of Brightstar Communications the leading wireless provider in much of South America.

The two of them have discussed setting up a new team that Beckham would head while Claure would help provide the funds to build a new Stadium.

The head of the MLS Don Garber said: “We think it would be terrific to have David involved in our league. We will continue discussions with him for sure.”