Who owns Inter Miami FC?
INTER Miami FC is a relatively young club that is part of the MLS in the USA.
But who owns the club? Read on to find out more.
Who owns Inter Miami FC?
Inter Miami FC is co-owned by different people since the club was founded.
The CEO and managing owner are Jorge Mas, and the two co-owners are Jose Mas and David Beckham.
Originally, the ownership was between Bolivian businessman Marcelo Claure, Masayoshi Son and the Mas brothers.
David Beckham negotiated a seat at the table when he joined LA Galaxy.
Then in 2021, it was announced that Beckham and the Mas brothers bought out Claure and Son's stakes to take ownership between the three of them.
When was Inter Miami founded?
In November 2012 the Major Soccer League commissioner confirmed the intent to establish a franchise in Miami.
Claure and Barcelona FC had attempted an expansion bid in 2009 which ultimately failed.
In 2007 Beckham was given the option to purchase an expansion team.
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When he ended his career on the field in April 2013, the league and Beckham's advisors discussed their options.
The Miami Beckham United group was announced as becoming potential owners of the Miami franchise.
The club took another five years before it met the requirements necessary to officially join the league.
On January 29, 2018, the ownership of the 25th MLS franchise was awarded to the Miami Beckham united group.
The franchise launched during the 2020 season.
What is Jose Mas and his brother's net worth?
Jose and Jorge Mas are both extremely wealthy and successful businessmen.
Their father took over a Puerto Rican telephone company in 1969, hoping to break into the US market.
Jorge took over their father's company in 1994 and is largely responsible for the success of the business internationally.
According to Forbes, Jorge has a net worth of $1.2 billion, mostly from his ownership of 15% shares in the company with a stake of $1.2 billion on the New York Stock Exchange.
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Jose Mas is also the CEO of MasTec, an infrastructure engineering and construction company that was founded by his father.
It is believed that Jose's net worth is at least $341 million from various stocks and shares amongst other sources of income.