David Beckham Rakes in Huge Profit as Inter Miami Value Soars

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May 8, 2023
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English and Manchester United football legend David Beckham is milking it with Inter Miami in the MLS

The 48-year-old has been credited for the immense transformation and reshaping of the face of football in United States of America, thanks to his multimillion-dollar investment in Inter Miami.

David Beckham's journey into football administration and ownership started in 2007 when he left Real Madrid and joined LA Galaxy as he neared the twilights of his playing career.

As part of the deal that saw him move to the MLS, he took a pay cut from a reported £16.6million down to £5.4m per year as part of the deal that saw him switch to the US soccer league.

However, the transfer saw him given the opportunity to start his own team when he retired that would be handed a place in the league for just £19.7m.

The only rule was that he could not found his new club in New York.

Beckham therefore opted to launch Inter Miami in 2018.

The popularity of the club is continuously growing with star man Lionel Messi helping the eyes of the football world turn to them.

There has been "Messi mania" in the US and the overall value of the club is up 74 per cent from last year following the signing.

The additions of ex-Barcelona stars Jordi Alba, Sergio Busquets and Luis Suarez have also helped make the club a fortune.

According to Sportico, Inter Miami is worth around £803m in the current market. Further detail shows Inter Miami have climbed up seven places in the MLS value richlist with only Los Angeles FC and Atlanta United being the only two clubs worth more.

On the pitch, they finished 14th in the 15-team Eastern Conference last season but managed to lift their first ever trophy via the League Cup.

And Beckham's men have started the 2024 campaign promisingly with no defeat. They are joint-toppers of the Eastern Conference table after five matches.