Mas bros. team up with Beckham in pitch for Miami MLS stadium
David Beckham has brought in powerful Miami siblings Jorge and Jose Mas to his investment group planning a multimillion-dollar Major League Soccer stadium in Overtown.
The MasTec brothers, whose father founded the engineering and construction firm, have joined the venture, while majority partner and Los Angeles Dodgers co-owner Todd Boehly has bowed out, according to the Miami Herald.
Beckham’s yearslong attempt to bring an MLS team to Miami is banking on approval from the league’s owners, some of whom have been critical of the soccer star’s discounted $25 million expansion fee. They’re expected to meet on Thursday and will be discussing the Miami franchise, the Herald reported.
Beckham’s search for a site has included failed bids in PortMiami, downtown Miami and Little Havana.
But in June, the county approved a $9 million land sale that requires Beckham spend at least $175 million on construction of the 25,000-square-foot stadium near the Miami River. A few months later, Beckham pitched his stadium plan and partnership structure to MLS owners in Chicago.
Source: The Real Deal