The business of former English football player David Beckham Seven Global LLP is raking in almost 50 thousand pounds daily. David’s brand success is in stark contrast to wife Victoria’s fashion business, which last year was propped up with a £9.2m loan, most of which was used to pay off a £6.1m loan from HSBC.
Seven Global LLP’s sales of Becks-branded footwear, fragrance, watches and clothes were £17.4million last year. Seven Global is a joint venture created in 2015 between Global Brands Group and David Beckham.
The huge paypacket works out to earnings of £47,671 every day. An income of the company of the sports star was calculated by The Mirror.
The soccer superstar firm’s report said: “David Beckham is an international celebrity whose name has become a lifestyle brand.
"The members believe that the David Beckham brand combined with the LLP business strategy will withstand any competition currently in the market.”
Last year the Beckhams splashed out £20m on a penthouse in the Florida coastal city, designed by leading architect Zaha Hadid.
But David’s brand success is in stark contrast to wife Victoria’s fashion business, which last year was propped up with a £9.2m loan.
Victoria Beckham Limited used most of the money to pay off a £6.1m loan from HSBC.
The loan was from the Beckhams themselves, Simon Fuller’s XIX Entertainment and a Luxembourg-based fund.
VBL caused a furore by applying to use the Government’s furlough scheme – but it then made a U-turn after public outcry at the idea.
VBL’s full-year loss before tax for 2019 improved by £474,142, to £11.8m.
