Complex sentence: On December 5th, the MLS governing board endorsed the location, and on March 24th, 2016, it was reported that David Beckham's group finalized the purchase of the privately-owned land portion needed for the Miami soccer stadium.
Split into simpler sentences: On December 5th, the MLS governing board endorsed the location. Finally, on March 24th, 2016, it was reported that David Beckham's group finalized the purchase of the privately-owned land portion needed for the Miami soccer stadium.