David Beckham joins PSG
David Beckham completed his move to Paris St Germain on deadline day and announced he will donate his entire salary - believed to be in the region of £2million - to a local children's charity.
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The former England captain, 37, signed a five-month contract with the Ligue 1 leaders as a free agent after his five-and-a-half-year spell at Major League Soccer side LA Galaxy ended in December.
While Beckham's wage is unknown, it is expected to be around £100,000 a week.
Beckham explained his charitable gesture, saying: "We decided on something quite unique. In this time I won't receive any salary. My salary will go to a local children's charity in Paris.
"That's one of the things we are very excited about and proud to do.
"It's something exciting and something I'm not sure has been done before."
Beckham said he had not identified a suitable charity yet, and could not announce how much they would receive, except to say it would be a "huge sum".
"It's something the guys will decide, but it's a very good figure," Beckham said.
"That's one thing we're very excited about. To be able to give a huge sum to a children's charity in Paris, it's very special."
The former Manchester United, AC Milan and Real Madrid midfielder explained how PSG boss Carlo Ancelotti and sporting director Leandro had persuaded him to join the wealthy French giants.
Beckham knows both men from time he spent on loan at AC Milan.
"I'm very lucky. I'm 37 years old and I got a lot of offers - more now than I've probably had in my career. I'm very honoured by that," Beckham said.
"I chose Paris because I can see what the club are trying to do. I can see who the club are trying to bring in.
"It's an exciting city and now there's a club that's going to have a lot of success over the next 10, 20, 30 years.
"I'm very honoured I've been picked to be part of the future of PSG.
"Every club I've played for throughout the world I've been successful with.
"I was successful with Manchester United and always said I'd never want to play for another English club.
"I had a lot of history with Manchester United. It's the team I support and the team I dreamt of playing for.
"I'm very honoured by the offers I had from other Premier League clubs but I didn't want to play there unless it was for Manchester United."
The veteran midfielder has recently moved back to London with his family and has been training with Arsenal in a bid to regain his fitness.
His family will stay in London, with Beckham initially living out of a hotel.
Asked how much he could contribute on the pitch, Beckham went through a list, saying: "I have a lot of experience in the game; 37 years old; over 13 or 14 championships, trophies throughout my career; played for some of the biggest clubs in the world; played with some of the best players in the world; and still being successful at 37 years old and still being fit - I can run around and play like I could play when I was 21.
"I haven't lost any of my pace because I didn't have a lot of pace throughout my career, so that hasn't changed."
And while Beckham insisted PSG getting through the Champions League group stages was not the deciding factor in his choice, it offers him a chance to play at the highest level in club football again.
"It's a bonus that they're in the Champions League," he said. "I haven't played Champions League football for quite a few years.
"To be at a club that's in the Champions League is exciting for me.
"I've been lucky to win the Champions League once and know how important it is to the club.
"I'd have come if they weren't in the Champions League but I'm excited that they are."
Beckham's move to PSG emerged on deadline day morning when it was reported he was travelling to the French capital for a medical, with the player revealing the deal had been agreed in the early hours of this morning.
Club president Nasser Al-Khelaif, presenting Beckham, said: "David refused offers from a lot of clubs to be here.
"He's going to be with us at our project trying to reach our big dream to become one of the best clubs in Europe.
"David is a very professional player outside of the pitch.
"I'm sure he will be an asset to the club. I'm sure we'll win lots of things with David and I'm very happy to sit next to David here.
"This is a big day. We've been after him for a long time and finally we did it."
Meanwhile England boss Roy Hodgson doesn't think Beckham's high-profile move to the French capital will herald a return to the national team.
Immediately questions were raised about the potential for Beckham returning to the international arena.
It seems a fanciful notion given Hodgson has never selected Beckham and has already turned his back on Rio Ferdinand, who at 34 is three years his former Manchester United team-mate's junior.
And while the Three Lions boss did not categorically rule it out, it is clear Hodgson is not anticipating having to select Beckham at any point in the future.
"When did he last play for the national team?" said Hodgson.
"I don't think he has been plotting a return to the national team.