The management team of American football club Inter Miami on Friday announced that co-owners Jorge and Jose Mas, along with footballing icon David Beckham, had finalised the buyout of former partners Marcelo Claure and Masayoshi Son.
Furthermore, the club announced that Ares Management (“Ares”) had joined the setup as an equity investor through funds managed by its Credit Group, with an investment of $150 million.
Tagging the buyout as an “important milestone” for Inter Miami, managing owner Jorge Mas said, “these ownership changes underscore mine, my brother Jose’s and David’s deep belief and commitment to the success of our fútbol Club. On the field, we firmly believe we are building the right culture and processes to lift trophies, and off the field, we will continue to harness the power of fútbol to do positive things through our partnerships and our community efforts. We look forward to welcoming Ares as a strategic investor and together grow Inter Miami,” according to Miami Herald reports.
After struggling at the start of the season, Inter Miami turned things around as they are on the cusp of entering the playoffs. Miami (9-9-5) has won five of its last six matches, with one draw, including 1-0 wins over Cincinnati, Columbus and Toronto.
Next, the team are set to play at home against the New York Red Bulls.
Meanwhile, talking about the historic moment, footballing legend Beckham said, “We are immensely proud of the progress we’ve made over the past year and a half in Major League Soccer, and we are grateful to have had Marcelo and Masayoshi with us for the first part of our journey.”
“I am more committed than ever to working with my partners and friends Jorge and Jose to build a lasting legacy, developing youth players from our Academy, competing for championships regularly, and most importantly, rooting ourselves into the DNA of our community and South Florida,” he further added.