Former England midfielder David Beckham announces his intention to leave football club Los Angeles Galaxy to find "one last challenge".

David Beckham (Reuters)

Beckham has been playing for LA Galaxy since joining the club in 2007 on a contract that paid him $6m a year. He will play his last match for the club on 1 December when the team defends its title against Houston Dynamo.

Speculation around his next destination has focused on Australia, though there has also been talk of moves to China, the United Arab Emirates, France, Brazil and England.

Beckham told the Major League Soccer website: "I've had an incredibly special time playing for the LA Galaxy, however, I wanted to experience one last challenge before the end of my playing career.

"I don't see this as the end of my relationship with the league as my ambition is to be part of the ownership structure in the future."

Last week Football Federation Australia claimed they had been approached by representatives of the former Manchester United star, saying he was looking to spend time in the country's A-League. A spokesman for Beckham said this was "rubbish".

However, two clubs from Australia have already expressed an interest in signing the 37-year-old. Perth Glory, currently fourth in the A-League, tweeted this morning following the news.