Beckham Scores $50M Stadium Financing With Help from Holland & Knight
The Major League Soccer venture plans stadiums in Miami and Fort Lauderdale to get the team off the ground.
May 30, 2019 at 01:13 PM
3 minute read
David Beckham's Major League Soccer team is closer to starting play after scoring a $50 million loan to help pay for its planned Miami and Fort Lauderdale stadiums.
Soccer team Inter Miami CF will use the capital facility to finance construction costs and expenses, according to Holland & Knight, which represents the team.
Beckham and partners, including MasTec Inc. executives and brothers Jorge and Jose Mas, are pursuing a stadium at Miami's Melreese public golf course as well as a stadium and training facility at Fort Lauderdale's Lockhart Stadium, and a second Miami location also might be at play.
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