Beckham Nears Deal To Extend Loan With AC Milan - CBS News 8 - San Diego, CA News Station - KFMB Channel 8

Beckham Nears Deal To Extend Loan With AC Milan

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MILAN (AP) -- A deal allowing David Beckham to extend his stay with AC Milan through the end of the Italian season is close but not yet complete, Milan chairman Adriano Galliani said Tuesday.

The former England captain joined Milan on a two-month loan from the Los Angeles Galaxy in January and was due to return to the Major League Soccer club next week. But Beckham wants to stay, and Galliani said the two sides are nearing a deal that would keep him at Milan until the summer.

"The deal is not done. We're working on the possibility of a loan until June 30, but no deal has been reached yet," Galliani said before boarding a plane for a friendly in Doha, Qatar, according to Milan's Web site.

Beckham has a five-year contract with the Galaxy worth $32.5 million.

"I'm happy to be here with Milan and I reiterate that I would like to stay," Beckham said in Doha, according to Milan's Web site. "I've really been enjoying myself, I have extraordinary teammates, I'm playing for one of the strongest teams in the world and I'm coached by one of the best managers in the world."

Financial terms of the proposal are unknown, but the Galaxy earlier had asked for $10 million from Milan for the outright purchase of Beckham. Milan had said it would pay no more than $3 million, since he could become available anyway after the MLS season.

"The deal is getting more and more concrete," Galliani told the club's TV station late Monday. "I hope we can arrange it so he stays on loan at least until June 30. Then he could return to Los Angeles and rejoin us in January.

"This is the direction we're aiming for," Galliani said. "It's complicated, as we've always known, but I'm still trying."

Beckham wants to remain with Milan to improve his chances of making England's team for next year's World Cup. He has played in 11 games with the Rossoneri, nine of them in Serie A in which he always started. He has two goals.

"He's transformed himself into a very important player, although he's a bit worn down right now," Galliani added.

© 2009 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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