David and Victoria Beckham make over £60k a day in profits

David and Victoria Beckham made £61,644 (€84,320) a day in profits in 2014, new figures show. The pair raised £22.5m from their combined business ventures.

David and Victoria Beckham make over £60k a day in profits

Beckham Brand Holdings, which represents Victoria’s fashion interests and the marketing of David’s image, reported profits after tax of £12.69m.

Footwork Productions, which oversees the exploitation of David’s name and image, made profits of £9.8m after tax.

The figures, filed at Companies House, also show that turnover from the two businesses totalled £65.8m.

Victoria’s fashion range and related activities made £34.5m, while David brought in £17.2m through Beckham Brand Holdings and £14.1m through Footwork.

While turnover at Footwork fell slightly in 2014, at Beckham Brand Holdings it increased by 55%.

Profits at Beckham Brand soared sevenfold from £1.54m to £12.69m — a rise of 724%.

The company paid corporation tax of £3.5m on its profits.

Beckham Brand Holdings is controlled by David and Victoria Beckham along with Robert Dodds of XIX Entertainment — the organisation set up by the Beckhams’ manager, Simon Fuller. It employed an average of 100 staff in 2014 and had a total wage bill of £5.5m.

The accounts state that the company is planning to expand further the size of Victoria’s fashion business and the range of items on sale.

The marketing of David is also going to be increased through partnerships with “major international brands”. A major project for David over the next few years is the creation of a Major League Soccer (MLS) team in Miami, which includes building an arena.

As part of his contract with LA Galaxy he was given the right to own an MLS franchise.

In September 2014, Victoria expanded her fashion empire when she opened a flagship shop in London’s Dover St.

The marketing of the Beckhams recently expanded, when the couple’s 13-year-old son, Romeo, starred in luxury brand Burberry’s 2015 Christmas campaign.

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