David Beckham is said to be making a ‘significant announcement’ this week, confirming he has bought a Miami-based Major League Soccer (MLS) team.

Beckham is hoping to make the announcement by Wednesday with MLS commissioner Don Garber, according to The Independent.

The report claims that Becks is also looking for partners to fund a new stadium, which would allow the franchise to compete in the league by 2017.

The former England captain was offered the chance to buy a MLS team in his contract at a discounted rate of $25m when he signed for LA Galaxy in 2007 from Real Madrid.

The stadium has been the stumbling block so far since Beckham confirmed he would like to take up the option of buying a franchise located in Miami. He’s hoping it will be a 25,000-seater stadium.

An MLS statement in the report said: "Major League Soccer commissioner Don Garber and David Beckham will make a significant announcement impacting the Miami community. They will be joined by Miami-Dade County Mayor Carlos A. Gimenez." 

Formerly of Manchester United, Real Madrid, LA Galaxy, AC Milan and PSG, Beckham retired from football in May 2013 after winning the Ligue 1 title in France.

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