David Beckham is one of the three owners of Inter Miami, alongside Jose Mas and managing owner Jorge Mas. The trio became the sole owners of the MLS franchise in September 2021.
Ares Management is an additional investment partner in the Chase Stadium club. The LA-based investment manager also made a $150m ‘preferred equity investment’ in the team in September 2021. It later made a second investment in Inter Miami of $75m in August 2023.
Inter Miami welcomed Ares’ first investment as Beckham and the Mas brothers bought out Marcelo Claure and Masayoshi Son. Claure had been a part of the ownership makeup since 2014. He was instrumental in the making of Inter Miami’s history as an expansion franchise.
When did Beckham and the Mas brothers become the owners of Inter Miami?
Beckham first started discussing creating an MLS franchise in Miami with commissioner Don Garber in 2013. He later indicated his full intention to do so in February 2014 as the England icon held a discounted $25m option to create a club from when he joined LA Galaxy in 2007.
Claure also formally joined the consortium exploring creating the franchise with Beckham’s manager and business partner Simon Fuller in February 2014. Fuller’s involvement ended in May 2019 as Beckham paid $50m to buy out the creator of the ‘American Idol’ talent show.
Prior to that, the MLS Board of Governors approved the Mas brothers and Son as co-owners of Inter Miami in December 2017. But Son’s involvement ended along with Claure’s in 2021. Beckham and the Mas brothers finalised a buyout of their stakes which totalled around 48%.
Jorge Mas serves as the managing owner of Inter Miami, with Beckham and Jose Mas as the club’s only other owners. Ares has no involvement in the day-to-day running of the franchise but offers strategic advice. It’s investment helped fund the creation of Miami Freedom Park.
What have Inter Miami won with Beckham and the Mas brothers as their owners?
As the franchise is still a relatively new club, Beckham and the Mas brothers are so far yet to see coaches add many titles to Inter Miami’s trophy cabinet. But Gerardo ‘Tata’ Martino led Vice City to their first piece of silverware in 2023. Inter Miami won that year’s Leagues Cup.
The Leagues Cup expanded in 2023 to feature all 47 teams from MLS and Liga MX, bringing about Inter Miami’s first appearance. Vice City would edge Nashville SC 10-9 on penalties in the final. The Herons also beat Orlando City, FC Dallas, Charlotte FC and Philadelphia Union.
What other sports franchises do Beckham and the Mas brothers own?
As well as being a co-owner of Inter Miami, Beckham owns shares in the English soccer club, Salford City. The Manchester United legend joined his fellow Class of ‘92 products in holding shares in the Ammies. He secured a 10% stake in the team in January 2019 and is a director.
Beckham has other sporting interests, too, as a majority owner in the UK esports franchise, Guild Esports. He secured a stake in the team in 2020 through the former England captain’s DB Ventures, of which Authentic Brands spent $269m to buy a 55% stake in February 2022.
How much is Beckham worth? What is the Mas brothers’ net worth?
Along with Inter Miami, Salford City and Guild Esports, Beckham owns several assets outside of sports. He also owns Footwork Productions that oversees the ex-Real Madrid midfielder’s image and naming rights. Beckham and his wife, Victoria, also own a large property empire.
As of January 2023, the Beckham’s property empire was worth £73m ($89m) via their £25m ($30m) London mansion, a £20m ($24m) Miami apartment, a £5m ($5.5m) yacht and a £4m ($5m) house in Dubai’s Burj Khalifa. Beckham also has a vast throng of cars and motorbikes.
A 10-year agreement with Qatar to promote the 2022 FIFA World Cup also banked Beckham £150m ($183m). All in, Forbes cited Beckham’s net worth as of June 2023 at $47m. While it cited Inter Miami co-owner Jorge Mas with a net worth of $1.2bn as of April 2023, as well.
Mas amassed much of his wealth through the Miami-based infrastructure engineering and construction company MasTec. He is the chairman of the company and he is also its largest shareholder. He also sold the construction equipment and tool rental company Neff Rentals.
Jose Mas, meanwhile, had a net worth of at least $341m in August 2023, per The Sun. But it is expected to be slightly higher through his other stocks and shares away from Inter Miami.