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David Beckham to the rescue

Victoria Beckham own store in London.

It’s being reported that David Beckham helped his wife out with £5.2million after her designer brand lost £3.8m in a year.

This news come after Victoria Beckham made a turnover of £34m in 2014 and set up her own store in London two years ago. She was also named Entrepreneur of the Year (2014) for creating a company that is both “real and successful”.

Chartered accountant and tax lecturer Robert Leach told The Sun, “The accounts suggest it is a transfer of operations between companies owned by Victoria and David. In effect, the couple are simply moving the profits between themselves.”

Daily Mail reports that the couple are very much reliant on David for their personal income, however, as Victoria’s company made a net loss while David’s companies, which have few overheads as they mainly deal with selling his image rights, made £12.7million profit.

( Source : Agencies )
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