Beckham has five days not to lose his stadium property
David Beckham and Inter Miami have five days to pay 900,000 dollars if they want to keep the land for the construction of his Overtown stadium.
The Florida Supreme Court ruled in favor of David Beckham and Inter Miami to avoid getting into a legal fight over land the English star wanted for his Miami soccer stadium, however, to keep the Overtown lands the Beckham Group needs to pay about 900,000 dollars for the three-acre property under contract.
Beckham Group already owns six acres of the nine total, with the remaining three still owned by Miami-Dade County with the owners having a contract for 9 million dollars, but have only paid a 450,000-dollar down payment.
The activist Bruce Matheson filed a lawsuit questioning the sale of said lands, as according to him, it was an agreement without bidding, and for that reason, they couldn't sell the lands.
Nevertheless, Beckham still has to pay around 900,000 dollars due in five days if he still wants to get this property, because there is a clause imposed that to maintain this contract an exact payment of 901,500 dollars has to be made. Also, the deal requires the Beckham Group to build a soccer stadium on the property, and it's unclear if Miami-Dade would allow or entertain other options for the property.
On 3 May, Inter Miami gained a license to build what will be their new home in Fort Lauderdale, with the demolition of the legendary Lockhart Stadium already in motion.
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