Who was the lucky recipient of the £10 million payment from David Beckham’s DB Ventures company as the former footballer continues to expand his empire?

Bintano
6 Min Read

It appears to be raining cash for the Beckhams as we enter 2024.

David, 48, appears to be a jack-of-all-trades as his books reportedly show one very valued person on his books show they were paid a £10million salary.

One of his many successful enterprises, DB Venture, allegedly paid one person this eye-watering sum in 2022, according to The Mirror.

But the company have reportedly refused to say if the big bucks went to the Man United legend or someone else.

The accounts reportedly only revealed that the big payout was made to the highest-paid director.

'Golden Balls' David, 48, appears to be a jack-of-all-trades as his books reportedly show one very valued person on his books show they were paid a £10million salary

‘Golden Balls’ David, 48, appears to be a jack-of-all-trades as his books reportedly show one very valued person on his books show they were paid a £10million salary

One of his many successful enterprises, DB Venture, allegedly paid one person this eye-watering sum in 2022, according to The Mirror

One of his many successful enterprises, DB Venture, allegedly paid one person this eye-watering sum in 2022, according to The Mirror

This left the possible rich man to be a choice between David, Jamie Salter and Nick Woodhouse.

A spokesman for David, 48, told the publication: ‘I’m afraid we won’t be disclosing who the highest-paid director is.’

The payout, which is up 384 per cent on the previous year and was a gob-smacking five times more than the combined salaries of the other 23 employees of DB Ventures.

The firm a subsidiary of DRJB Holdings Limited, David’s ‘full-service global brand management operation’.

Its profitable turnover was doubled to £72m in 2022.

But the football legend allegedly sold a 55 per cent stake in the firm to Authentic Brands for £200m in 2022.

Seven Global, for the David Beckham ventures which fall outside DB Ventures, made a £8.4million profit through partnerships with Adidas, Tudor and Safilo.

But it is not just David who appears to be having a brilliant business venture coming into 2024.

But in 2023, Victoria's fortunes turned around – thanks to a £30 eyeliner which has flown off the shelves so quickly that her team are struggling to keep up with the demand

But in 2023, Victoria’s fortunes turned around – thanks to a £30 eyeliner which has flown off the shelves so quickly that her team are struggling to keep up with the demand

Victoria’s fashion label has been in the red since she launched it in 2008.

But in 2023, her fortunes turned around – thanks to a £30 eyeliner which has flown off the shelves so quickly that her team are struggling to keep up with the demand.

Victoria’s Satin Kajal Liner, which comes in 16 colours, has been hailed as ‘the perfect piece of make-up’ by not only women in the UK, but also across Europe and in America since it launched.

Its popularity has been boosted by the former Spice Girl also offering tutorials on social media platforms TikTok and Instagram – and friends of the star say that she too uses it everyday.

A fashion insider told The Mail on Sunday: ‘This has been an absolute gem of a product for Victoria.

‘It has become so popular Team VB say that they can’t get it made and out there quick enough. While it might seem expensive compared to high street ranges, ordinary women are buying it and then learning how to use it by watching Victoria’s tutorials.

READ MORE: Fashion worker, 31, who fell through the floor at Stella McCartney’s Italian showroom in accident which ‘left her unable to wear high heels’ is suing the label for up to £100,000 

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‘There are other products being launched and the fashion is becoming more popular but the eyeliner is the stand out. It has been a triumph.’

In March, her main financial backer, David Belhassen, gave the first positive forecast for the company, saying that the brand was expecting to turn a profit when accounts are published in January, with revenue up almost 50 per cent to £58 million.

In 2020, Victoria’s losses were £8.6 million, but at the end of 2021 her namesake brand saw revenue grow by 13 per cent to £40.9 million, cutting net losses to £5.8 million.

Over its 15 years, the business has also borrowed £30 million from other parts of the Beckham empire.

Those close to Victoria say that she is ‘immensely proud’ of the eyeliner, while its tens of thousands of fans say that it is easy to use, stays in place and are impressed with the range of colours.

Victoria extended her fashion brand in 2019 when she launched her beauty range which was inspired by her own signature ‘smokey eye’ for which she has become known.

Insiders at the London-based company say that, unlike other beauty brands, she is concentrating on eye make-up and recently launched a mascara, eyeshadow sticks, and eyebrow pencils.

MailOnline has contacted a Beckham’s representative for a comment. 

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