NLSA Molson Challenge Cup

Sunday, February 22, 2009

The Latest Update on David Beckham

MILAN — The vice-president of AC Milan says the club's offer of $3 million US for David Beckham was the market rate and it won't be increased.

The Los Angeles Galaxy recently turned down the offer, calling it 'ridiculous.' Adriano Galliani said in Saturday editions of La Gazzetta dello Sport there won't be another offer.

"Absolutely not," Galliani said. "I have experience of knowing a player's value and in the European market it doesn't make any sense to spend more. Milan has made an offer that it feels is right for a loan of about eight months ... from Nov. 30, David will be available for zero."

Beckham has a clause in his Galaxy contract that would allow him to leave at the end of this year.

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