Beckham launches plan to build soccer franchise in Miami

David Beckham laughs as he discusses matters related to the ownership position he has with a proposed Major League Soccer (MLS) expansion team that could play in Miami, at a news conference in Miami, Florida February, 5, 2014. REUTERS/Andrew Innerarity

MIAMI (Reuters) - Former England football captain David Beckham announced on Wednesday that he has exercised his option to become the owner of a Major League Football team in Miami, promising to make it "the people's club."

The international football star said he looked forward to building a world-class team, as yet unnamed, during a Miami press conference alongside MLS Commissioner Don Garber and the mayor of Miami-Dade County.