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David and Victoria Beckham pay themselves £21m over two years in big dividends pay out
Victoria Beckham s fashion business was affected by the Covid pandemic but still managed to halve its losses in the latest company filings, and the power couple paid themselves millions in dividends
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Beckham surveying his kingdom before an MLS match between Los Angeles FC and his club, Inter Miami
As a general rule, a retired footballer – even an incredibly famous and successful one – has three or four options when they cease playing professionally these days.
After perhaps one season of marinating in their legacy and enjoying Saturday afternoon pints, they can either go into management (Zinedine Zidane, Steven Gerrard, Frank Lampard, Thierry Henry, Wayne Rooney), go into punditry (Gary Neville, Jamie Carragher, Rio Ferdinand), go a bit off the rails (Ronaldinho), disappear almost entirely (Andy Cole, Dennis Bergkamp), or begin hosting
Homes Under the Hammer (Dion Dublin).
BBC News
By Daniel Thomas
image copyrightGetty Images
David and Victoria Beckham have paid themselves £21m from their sports and media business since 2019, according to the their latest accounts.
This is despite continued heavy losses at Ms Beckham s fashion business, where trade has worsened during the pandemic.
Profit at David Beckham Ventures Limited (DBVL), the brand management firm owned by the former footballer and his wife, fell £3.5m to £11.3m in 2019.
This was in part due to money spent on expansion and charitable donations.
However, the celebrity couple still paid themselves a £14.5m dividend at the end of 2019, accounts show, and took a further £7.1m in 2020.
David Beckham Has Still Got It
Victoria, not so much.
Victoria, not so much.
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David Beckham hung up his cleats seven years ago, but he is still putting up big numbers: Since 2019, Beckham and his wife Victoria have paid themselves $19.9 million (about $55,000 a day) from their various media interests.
The hefty payout packages have reportedly drawn the equivalent of a red card from auditors and creditors.
Posh Awash in Loss