David Beckham to pay Galaxy for loan extension

David Beckham at Al Saad Sports stadium. Al Sa...                         Image via Wikipedia
David Beckham is spending his own money to remain on loan with AC Milan where he will stay through the end of the Italian season, on May 31. He and AC Milan are jointly paying the Los Angeles Galaxy a "multimillion dollar deal" to extend his loan.

The two sides were negotiating for weeks and agreed on the loan extension hours before it was due to expire after AC Milan's game Sunday.

"The obvious - reason for staying at Milan - is giving me the chance to play in the 2010 World Cup," Beckham told SNTV. "I personally have to do everything I can do to be involved in that. Everyone knows how passionate I am about playing for my country and, if it gives me a better chance of being involved in that squad, I'll do anything possible to make that happen."

"We never felt we were losing David; we felt all along he was getting back," Galaxy general manager and coach Bruce Arena said on Sunday.

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