David Beckham Announces Miami MLS Franchise

World football legend David Beckham has announced the development of a new Major League Soccer franchise in Miami, per MailOnline Sport on Twitter:

Beckham, who exercised an option to purchase an expansion franchise, spoke about his latest venture and answered questions during an hour-long press conference held in Miami on Wednesday, Feb. 5. MLS Commissioner Don Garber and Miami Mayor Carlos Gimenez were also on hand for the event. 

Both men spoke briefly but praised Beckham and his intentions, per CBS4 Miami on Twitter:

There's currently no timetable on when the Miami-based franchise, which will become MLS's 20th club, will officially join the league, per football writer Dan Dickinson:

But as Sports Illustrated senior writer Grant Wahl points out, there are still some significant obstacles Beckham will have to overcome before the new club becomes a reality: 

When a...

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