David Beckham, co-owners awarded Major League Soccer team in Miami

British soccer star David Beckham said his brand new Major League Soccer team couldn’t have been anywhere else although Miami.

“We’ve got a hotbed of young talent in This kind of city, in addition to which’s what we want,” Beckham told CNBC’s “Power Lunch” on Monday, after MLS formally announced the award of an expansion franchise to Beckham’s ownership group.

Co-owner Jorge Mas, a well-known Miami businessman, was on “Power Lunch” with Beckham in addition to agreed the team is usually great for the city.

“We deserve a soccer franchise,” Mas said. “The cultural mosaic which is usually Miami, with the Latin community in addition to the makeup of the item — soccer runs in their blood.”

A 25,000-seat, $225 million stadium will be built under Beckham’s ownership group in Overtown, a neighborhood of Miami. Details such as the team’s name, colors, logo in addition to start date have not yet been revealed. The owners said they envision the team competing globally, although first need to let the league grow locally.

“The viewers, the fans, they love This kind of game, in addition to they’ll come,” Beckham said.

“[although] these things take time,” Beckham said. “We need to let the [MLS] grow in a very organic way. At the end of the day the item’s a very young league.”

This kind of will be South Florida’s first MLS team since Fort Lauderdale’s Miami Fusion, which flopped in 2001 after only a few short years.

“which was back within the day, when the league wasn’t so stable,” Beckham said. He credits his co-owners — including Mas in addition to Mas’ brother Jose, who “live in addition to breathe This kind of city” — as a major force which will ensure the team’s success.

The location of the team, along with Beckham’s prestige within the industry, will also help the team thrive, Mas said.

“I think we can do great things in Miami which we can’t do in any additional city,” he said.

Beckham, who retired by the sport in 2013 following a 20-year career, announced he might form his own team which same year. He is usually the first former MLS player to own a team within the league.

However, the road to a brand new team wasn’t easy. Residents in South Florida rejected multiple proposals for the location of the stadium. Beckham in addition to his investors finally secured a site in December 2015 after three failed attempts.

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