The 33-year-old engineered a two-month loan to Italy in a bid to stay in the England reckoning during the U.S. close season and after a bright start at Milan and two goals, the club are keen to keep him full time.
"It's not easy to decide. It's a matter that requires time. I'm under contract with, and have lots of respect for, Galaxy," Beckham told Corriere della Sera newspaper. "But the possibility to play at Milan is something special."
Time, though, is almost up with the January transfer window closing on Monday and the loan ending on March 9.
The obvious plus to staying in Italy is that he is much more likely to be included in England coach Fabio Capello's squad for the remaining 2010 World Cup qualifiers and the finals in South Africa.
Capello, whose side visit Spain for a friendly next month, has said he has been impressed with Beckham's Milan form having told him to find top-level football during the long U.S. break.
Beckham has surpassed expectations by grabbing a Milan starting spot immediately after a year in the less high profile Major League Soccer, which he said was sometimes "frustrating".
A second reason for Beckham to move would be another bumper contract that looked unlikely when he signed a five-year deal with Galaxy in 2007 estimated to be worth $250 million.
That deal was meant to be his last playing contract but Milan's package, although likely to be worth less given a 33-year-old could only expect a three-year deal at best, would still reward the world's most famous player because of the extra marketing possibilities he would offer.
"From the studies we have done I think if he stays, there will be a positive impact for Milan. Certainly if you look at sponsorship," Giorgio Brambilla of sport marketing consultancy firm SPORT+MARKT told Reuters.
BREACHING TRUST
Thirdly, Beckham's Italian sponsors such as Armani would be pleased if he stayed and re-energised his brand in Europe having already paraded him at their Milan fashion shows recently.
"While his presence in the U.S. is important for his U.S. business interests, elsewhere in the world I think this has contributed to his brand losing some of its lustre," said Simon Chadwick, professor of sport business at Coventry University.
However, there are many drawbacks to staying at Milan.
When he left Real Madrid for Galaxy it was marketed as Beckham's own push to improve the standard of U.S. soccer.
He went to a lower standard league much earlier than other players, who headed to the likes of Japan and the Middle East at the end of their careers rather than in their early thirties.
Beckham may now regret going to L.A. so soon -- he could have gone straight to Milan from Spain -- but if he leaves now his U.S. project would be seen as a failure.
Beckham, who has always seemed a player of his word, could also be accused of breaching Galaxy's trust -- something his U.S. sponsors might not appreciate.
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