Carson, CA (My Sportsbook) - The Los Angeles Galaxy completed the loan agreement of midfielder David Beckham to Italian side AC Milan on Monday.

The move will be effective in January 2010, while Beckham remains under contract to the Galaxy and will play for the club throughout the MLS Cup playoffs.

"We are pleased to finalize David's loan to AC Milan and we look forward to his return to the Galaxy after the 2010 World Cup," Galaxy head coach and general manager Bruce Arena said.

Beckham will officially join AC Milan on December 28 and remain with the club throughout their season, which ends on May 16, 2010. He will then re-join the Galaxy when the summer transfer window opens in July 2010.

"After the wonderful experience of last season we are very happy to see David Beckham again wearing the red and black colors," said Milan vice president and CEO Adriano Galliani. "We are confident his loan spell will not only improve Milan, it will help the player to take part in the World Cup in South Africa and continue to enhance his career in North America with the LA Galaxy. We would like to thank the Galaxy and MLS for their cooperation and understanding."

Beckham signed with the Galaxy in January 2007 and in three seasons with the club has appeared in 41 MLS games, tallying seven goals and 15 assists.

"I need to give myself the best chance possible to make the World Cup squad and playing for Milan on loan will help me to do that," Beckham said. "I genuinely enjoyed my time at Milan and I look forward to meeting the players and staff again. I'm thankful to Tim Leiweke and Bruce Arena for allowing me this opportunity. I'm committed to LA Galaxy and MLS in the long term and remain as passionate as ever about growing the game of soccer in America. I'm completely focused on ending this season on a high note with my club by winning the MLS Cup."