Tom Cruise's Los Angeles Galaxy Takeover

Tom Cruise is reportedly launching a £40 million takeover bid of friend David Beckham's new soccer club.

The Hollywood actor is a huge soccer fan and wants to give his financial backing to the Los Angeles Galaxy.

A source said: "To have Tom's backing would be amazing - there's no way Galaxy bosses would turn down that opportunity."

Beckham signed for Galaxy this January on a reported £128 million five-year deal although he doesn't start playing for them until next month.