Friday 24 November 2017

David and Victoria Beckham notch up more than £47m in sales

Beckham Brand Holdings looks after Victoria's fashion sales and David's image rights
Beckham Brand Holdings looks after Victoria's fashion sales and David's image rights

David and Victoria Beckham pay the taxman the equivalent of nearly £22,000 a day after their global business empire notched up more than £47 million in sales.

The firm owned by the ex-England captain and his fashion designer and former Spice Girl wife made pre-tax profits of £39.5 million on sales of £47.2 million in 2015, according to figures at Companies House.

That landed them with a £7.9 million tax bill, which works out at nearly £22,000 a day or £152,000 a week.

Beckham Brand Holdings Ltd looks after Victoria's fashion sales and David's image rights.

Its pre-tax profits surged from £10 million in 2014 despite an 8.3% fall in sales.

David, once nicknamed "Golden Balls" by Victoria, made £10.2 million in sales from his brand image rights, while Victoria's fashion business made £36.9 million in turnover.

David revealed earlier this week that mistakes made during his time at Manchester United and sudden rise to global fame led to a rift with manager Sir Alex Ferguson.

Speaking on BBC Radio 4's Desert Island Discs, he said his celebrity status and marriage to Victoria cast doubts over his professionalism.

He also said he and Victoria used to have dates in restaurant car parks in the early days of their relationship to keep it a secret.

Press Association

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